Plan Ledger DOL Form 5500 · updated monthly

Goodwill Industries of Central Oklahoma, Inc.401(k)

GOODWILL INDUSTRIES OF CENTRAL OKLAHOMA, INC. 401(K) PLAN · OKLAHOMA CITY, OK · plan year 2024

Reported admin expense ratio · 2024
1.01%

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

Goodwill Industries of Central Oklahoma, Inc. reported $28,044 in plan administrative expenses for 2024: 1.01% of average plan assets, higher than ~75% of peers. Employer contributions averaged $351 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 0.91% to 1.01%. 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 Oklahoma (613th of 724), and 2,684th of 3,341 in other services. In 2024, employees put in $1.65 for every $1.00 the employer contributed; active participation has grown from 662 to 756 since 2022.

Plan summary
Net assets, end of year$2,890,726
Participants with balances214
Active participants756
Employer contributions$265,670
Employee contributions$437,971
Employer contribution per active participant$351
Average account balance$13,508
Benefits paid to participants$773,757
Plan auditUnmodified (clean) audit opinion
AuditorHSPG & ASSOCIATES, PC
Plan history3
Yearassets · accounts · employer contribution
2024$2.9M · 214 accts · $266K emplr
2023$2.7M · 236 accts · $280K emplr
2022$1.8M · 264 accts · $213K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,509
Investment management$535
Total administrative$28,044
The Goodwill Industries of Central Oklahoma, Inc. 401(k) match · 2024
Employer contribution per active participant$351
Median for plans this size$1,313
2024$351 per active participant
2023$481 per active participant
2022$322 per active participant

Goodwill Industries of Central Oklahoma, 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$27,509
STRATEGIC ADVISORS, INC · Investment advisory (plan)$535

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$28,044 · 1.01%
2023$20,954 · 0.94%
2022$14,915 · 0.91%
Same employer
Similar plansOther Services · Oklahoma
Marilyn Ihloff, Inc. OK$3.3M · 0.11%
Seneca Cayuga Nation OK$2.8M · 0.75%
Pawnee Tribal Development OK$873K · 2.03%
Sbm Corporation OK$67K · 3.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 730641590 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.