Plan Ledger DOL Form 5500 · updated monthly

Goodwill Ind. of Nw Nc, Inc.Money purchase plan

GOODWILL INDUSTRIES OF NORTHWEST NORTH CAROLINA, INC MONEY PURCHASE PLAN · WINSTON SALEM, NC · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Goodwill Ind. of Nw Nc, Inc. reported $301 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,333 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 fell from 0.04% to 0.00%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 674th-largest of 2,005 plans among North Carolina employers on file, and the 943rd of 3,341 in other services.

Plan summary
Net assets, end of year$22,953,494
Participants with balances645
Active participants1,129
Employer contributions$2,633,999
Employee contributions—
Employer contribution per active participant$2,333
Average account balance$35,587
Benefits paid to participants$1,828,258
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.0M · 645 accts · $2.6M emplr
2023$20.5M · 641 accts · $2.4M emplr
2022$17.5M · 598 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$301
Total administrative$301
Employer contributions to the Goodwill Ind. of Nw Nc, Inc. plan · 2024
Employer contribution per active participant$2,333
Median for plans this size$2,416
2024$2,333 per active participant
2023$3,693 per active participant
2022$1,872 per active participant

Goodwill Ind. of Nw Nc, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size. 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 · 20241
ASCENSUS LLC · Recordkeeping$301

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$301 · 0.00%
2023$1,557 · 0.01%
2022$7,145 · 0.04%
All plans at this employer2
GOODWILL INDUSTRIES OF NORTHWEST NORTH CAROLINA, INC MONEY PURCHASE PLANMoney purchase plan
GOODWILL INDUSTRIES OF NORTHWEST 403(B) PLAN403(b)
Same employer
Similar plansOther Services · North Carolina
G & W Equipment, Inc. NC$25.9M · 0.24%
Autobell Car Wash, Inc. NC$21.2M · 0.25%
Charlotte Christian School NC$16.8M · 0.00%
Cfsc Shared Services LLC NC$16.2M · 0.45%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 560588474 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.