Plan Ledger DOL Form 5500 · updated monthly

Goodwill Industries of Greater Cleveland and East Central Ohio, Inc.401(k)

403(B) THRIFT PLAN OF GOODWILL INDUSTRIES OF GREATER CLEVELAND AND EAST CENTRAL OHIO, INC. · CANTON, OH · plan year 2023

Reported admin expense ratio · 2023
0.03%

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

Goodwill Industries of Greater Cleveland and East Central Ohio, Inc. reported $1,713 in plan administrative expenses for 2023: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $155 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 0.06% to 0.05%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Ohio (2,348th of 3,295), and 7,061st of 11,911 in health care & social assistance. In 2023, employees put in $4.81 for every $1.00 the employer contributed; active participation has grown from 293 to 501 since 2022.

Plan summary
Net assets, end of year$6,598,657
Participants with balances294
Active participants501
Employer contributions$77,891
Employee contributions$374,678
Employer contribution per active participant$155
Average account balance$22,444
Benefits paid to participants$280,455
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.5M · 306 accts · $93K emplr
2023$6.6M · 294 accts · $78K emplr
2022$5.1M · 327 accts · $70K emplr
The Goodwill Industries of Greater Cleveland and East Central Ohio, Inc. 401(k) match · 2023
Employer contribution per active participant$155
Median for plans this size$1,308
2024$150 per active participant
2023$155 per active participant
2022$238 per active participant

Goodwill Industries of Greater Cleveland and East Central Ohio, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$1,665

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$3,278 · 0.05%
2023$1,713 · 0.03%
2022$3,103 · 0.06%
Same employer
Similar plansHealth Care & Social Assistance · Ohio
Alta Care Group, Inc. OH$6.5M · 0.04%
Blick Clinic, Inc. OH$6.5M · 0.69%
Leaderstat, LLC OH$6.3M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 340909974 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.