Plan Ledger DOL Form 5500 · updated monthly

Goodwill Industries of Arkansas, Inc.403(b)

GOODWILL INDUSTRIES OF ARKANSAS, INC. 403(B) PLAN · LITTLE ROCK, AR · plan year 2024

Reported admin expense ratio · 2024
1.00%

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

Goodwill Industries of Arkansas, Inc. reported $74,799 in plan administrative expenses for 2024: 1.00% of average plan assets, higher than ~75% of peers. Employer contributions averaged $629 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 3 years on file its reported administrative ratio has held roughly steady near 1.00%. 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 Arkansas (248th of 456), and 6,426th of 11,911 in health care & social assistance. In 2024, the employer put in $1.69 for every $1.00 employees contributed themselves; active participation has grown from 1,259 to 1,424 since 2022.

Plan summary
Net assets, end of year$8,055,637
Participants with balances698
Active participants1,424
Employer contributions$896,372
Employee contributions$528,957
Employer contribution per active participant$629
Average account balance$11,541
Benefits paid to participants$1,068,649
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.1M · 698 accts · $896K emplr
2023$6.9M · 565 accts · $655K emplr
2022$5.5M · 740 accts · $596K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$74,799
Total administrative$74,799
Employer contributions to the Goodwill Industries of Arkansas, Inc. plan · 2024
Employer contribution per active participant$629
Median for plans this size$1,313
2024$629 per active participant
2023$495 per active participant
2022$473 per active participant

Goodwill Industries of Arkansas, 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$74,605
RAYMOND JAMES & ASSOCIATES, INC. · Investment advisory (plan)indirect 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$74,799 · 1.00%
2023$67,320 · 1.09%
2022$61,115 · 1.04%
Same employer
Similar plansHealth Care & Social Assistance · Arkansas
Bost, Inc. AR$9.2M · 0.64%
Counseling Clinic, Inc. AR$7.9M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710236903 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.