Plan Ledger DOL Form 5500 · updated monthly

Goodwill Industries, Inc.403(b)

GOODWILL INDUSTRIES, INC. OMAHA RETIREMENT PLAN · OMAHA, NE · plan year 2024

Reported admin expense ratio · 2024
0.93%

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

Goodwill Industries, Inc. reported $58,678 in plan administrative expenses for 2024: 0.93% of average plan assets, higher than ~75% of peers. Employer contributions averaged $203 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 0.55% to 0.93%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Nebraska (428th of 565), and 7,006th of 11,911 in health care & social assistance. In 2024, employees put in $2.18 for every $1.00 the employer contributed; active participation has grown from 738 to 849 since 2022.

Plan summary
Net assets, end of year$6,713,955
Participants with balances340
Active participants849
Employer contributions$172,252
Employee contributions$375,097
Employer contribution per active participant$203
Average account balance$19,747
Benefits paid to participants$412,108
Plan auditUnmodified (clean) audit opinion
AuditorHBE, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$6.7M · 340 accts · $172K emplr
2023$5.9M · 352 accts · $147K emplr
2022$5.3M · 349 accts · $135K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$48,267
Investment management$665
Total administrative$58,678
Employer contributions to the Goodwill Industries, Inc. plan · 2024
Employer contribution per active participant$203
Median for plans this size$1,313
2024$203 per active participant
2023$203 per active participant
2022$183 per active participant

Goodwill Industries, Inc.'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 · 20244
VOYA RETIREMENT INSURANCE AND ANNUI · Investment advisory (participants)$330
MORNINGSTAR INVESTMENT MANAGEMENT · Investment advisory (participants)$73
HUB INVESTMENT ADVISORS, INCindirect comp
ASCENSUS · Other servicesindirect comp

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$58,678 · 0.93%
2023$37,430 · 0.67%
2022$32,495 · 0.55%
Same employer
Similar plansHealth Care & Social Assistance · Nebraska
Risemark Holdings, LLC NE$7.1M · 0.49%
Omni Behavioral Health NE$6.5M · 0.47%
Project Harmony NE$6.2M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470378996 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.