Plan Ledger DOL Form 5500 · updated monthly

Goodwill Columbus403(b)

GOODWILL COLUMBUS 403(B) RETIREMENT PLAN · COLUMBUS, OH · plan year 2024

Reported admin expense ratio · 2024
1.35%

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

Goodwill Columbus reported $42,040 in plan administrative expenses for 2024: 1.35% of average plan assets, higher than ~90% of peers. Employer contributions averaged $59 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 1.03% to 1.35%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Ohio (2,832nd of 3,295), and 2,634th of 3,341 in other services. In 2024, employees put in $5.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,158,003
Participants with balances359
Active participants1,249
Employer contributions$73,317
Employee contributions$373,839
Employer contribution per active participant$59
Average account balance$8,797
Benefits paid to participants$705,614
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.2M · 359 accts · $73K emplr
2023$3.1M · 335 accts
2022$3.0M · 381 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,986
Investment management$11,054
Total administrative$42,040
Employer contributions to the Goodwill Columbus plan · 2024
Employer contribution per active participant$59
Median for plans this size$1,313

Goodwill Columbus'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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$30,986
EVERHART FINANCIAL GROUP DBA EVERHA · Investment advisory (plan)$7,979

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

Administrative cost history3
2024$42,040 · 1.35%
2023$40,169 · 1.33%
2022$36,545 · 1.03%
Same employer
Similar plansOther Services · Ohio
Red Oak Behavioral Health OH$3.4M · 1.08%
NAVIGATE360, LLC OH$2.9M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 314379448 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.