Plan Ledger DOL Form 5500 · updated monthly

Goodwill Industries of Central Florida, Inc.403(b)

GOODWILL INDUSTRIES OF CENTRAL FLORIDA 403(B) PLAN · ORLANDO, FL · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

Goodwill Industries of Central Florida, Inc. reported $65,153 in plan administrative expenses for 2024: 0.54% of average plan assets, higher than ~75% of peers. Employer contributions averaged $797 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 1.01% to 0.54%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 1,462nd-largest of 3,644 plans among Florida employers on file, and the 2,060th of 5,215 in retail trade. In 2024, employees put in $1.46 for every $1.00 the employer contributed; active participation has grown from 280 to 1,735 since 2022.

Plan summary
Net assets, end of year$13,637,755
Participants with balances3,029
Active participants1,735
Employer contributions$1,382,560
Employee contributions$2,015,456
Employer contribution per active participant$797
Average account balance$4,502
Benefits paid to participants$1,496,811
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.6M · 3,029 accts · $1.4M emplr
2023$10.4M · 2,970 accts · $1.4M emplr
2022$2.2M · 327 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$65,153
Total administrative$65,153
Employer contributions to the Goodwill Industries of Central Florida, Inc. plan · 2024
Employer contribution per active participant$797
Median for plans this size$2,416
2024$797 per active participant
2023$910 per active participant

Goodwill Industries of Central Florida, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20241
TIAA$65,153

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$65,153 · 0.54%
2023$28,554 · 0.45%
2022$22,951 · 1.01%
All plans at this employer2
GOODWILL INDUSTRIES OF CENTRAL FLORIDA, INC. PROFIT SHARING PLAN403(b)
GOODWILL INDUSTRIES OF CENTRAL FLORIDA 403(B) PLAN403(b)
Same employer
Similar plansRetail Trade · Florida
Nimnicht Management Company FL$15.3M · 0.07%
Blue Jay Transit Inc. FL$14.0M · 0.32%
South Motors of Dade County FL$13.9M · 0.36%
Bill Currie Ford, Inc. FL$13.3M · 0.27%
Chauvet & Sons, LLC. FL$13.1M · 0.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 590908166 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.