Plan Ledger DOL Form 5500 · updated monthly

Goodwill Central Coast403(b)

GOODWILL CENTRAL COAST 403(B) PLAN · SALINAS, CA · plan year 2024

Reported admin expense ratio · 2024
1.12%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

Goodwill Central Coast reported $52,319 in plan administrative expenses for 2024: 1.12% of average plan assets, higher than ~75% of peers. Employer contributions averaged $389 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.96% to 1.12%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in California (6,939th of 9,483), and 3,706th of 5,215 in retail trade. In 2024, employees put in $1.97 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,191,056
Participants with balances156
Active participants611
Employer contributions$237,511
Employee contributions$468,941
Employer contribution per active participant$389
Average account balance$33,276
Benefits paid to participants$318,585
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.2M · 156 accts · $238K emplr
2023$4.2M · 132 accts · $206K emplr
2022$3.4M · 114 accts · $192K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,319
Total administrative$52,319
Employer contributions to the Goodwill Central Coast plan · 2024
Employer contribution per active participant$389
Median for plans this size$1,313
2024$389 per active participant
2023$347 per active participant
2022$323 per active participant

Goodwill Central Coast's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$45,702
KESTRA ADVISORY SERVICES, LLC · Investment advisory (plan)$6,616

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024The Standard
2023The Standard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$52,319 · 1.12%
2023$41,709 · 1.11%
2022$33,538 · 0.96%
Same employer
Similar plansRetail Trade · California
Exclusive Wireless, Inc, CA$5.4M · 0.99%
Truckee-Tahoe Lumber Co. CA$5.4M · 0.65%
Shopmonkey Inc. CA$5.4M · 0.13%
Stance, Inc. CA$5.2M · 0.29%
Ocelot Engineering, Inc. CA$5.0M · 0.41%
Southgate Glass & Screen CA$5.0M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 941254638 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.