Plan Ledger DOL Form 5500 · updated monthly

Goodwill Industries of Erie, Huron, Ottawa and Sandusky Counties, Inc.401(k)

GOODWILL INDUSTRIES OF ERIE, HURON, OTTAWA AND SANDUSKY COUNTIES, INC. 401(K) PLAN · SANDUSKY, OH · plan year 2024

Reported admin expense ratio · 2024
0.62%

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

Goodwill Industries of Erie, Huron, Ottawa and Sandusky Counties, Inc. reported $6,043 in plan administrative expenses for 2024: 0.62% of average plan assets, below the peer median. Employer contributions averaged $392 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 0.46% to 0.62%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Ohio (3,153rd of 3,295), and 11,229th of 11,654 in professional & technical services. In 2024, employees put in $1.86 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,068,991
Participants with balances144
Active participants189
Employer contributions$74,064
Employee contributions$137,636
Employer contribution per active participant$392
Average account balance$7,424
Benefits paid to participants$160,531
Plan auditUnmodified (clean) audit opinion
AuditorBARNES WENDLING CPAS LLC
Plan history3
Yearassets · accounts · employer contribution
2024$1.1M · 144 accts · $74K emplr
2023$891K · 130 accts · $49K emplr
2022$681K · 118 accts · $46K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,043
Total administrative$6,043
The Goodwill Industries of Erie, Huron, Ottawa and Sandusky Counties, Inc. 401(k) match · 2024
Employer contribution per active participant$392
Median for plans this size$540
2024$392 per active participant
2023$251 per active participant
2022$241 per active participant

Goodwill Industries of Erie, Huron, Ottawa and Sandusky Counties, Inc.'s 2024 employer contribution ran below the $540 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.

Administrative cost history3
2024$6,043 · 0.62%
2023$4,145 · 0.53%
2022$3,133 · 0.46%
Similar plansProfessional & Technical Services · Ohio
United Software Group Inc OH$1.4M · 0.56%
Circulo Inc OH$1.3M · 0.19%
U.S.Tank Alliance, Inc. OH$1.1M · 0.15%
Bel Air Care Center OH$571K · 2.99%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341113714 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.