Plan Ledger DOL Form 5500 · updated monthly

Goodwill Industries of Greater New York and Northern New Jersey, Inc.403(b)

GOODWILL INDUSTRIES OF GREATER NEW YORK AND NORTHERN NEW JERSEY, INC. 403(B) PLAN · BROOKLYN, NY · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Goodwill Industries of Greater New York and Northern New Jersey, Inc. reported $43,227 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $370 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 1 year on file its reported administrative ratio rose from 0.11% to 0.25%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 2,686th-largest of 5,648 plans among New York employers on file, and the 3,993rd of 11,911 in health care & social assistance. In 2024, employees put in $3.31 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,893,988
Participants with balances979
Active participants900
Employer contributions$333,344
Employee contributions$1,104,065
Employer contribution per active participant$370
Average account balance$18,278
Benefits paid to participants$2,278,416
Plan auditDisclaimer of opinion
Plan history2
Yearassets · accounts · employer contribution
2024$17.9M · 979 accts · $333K emplr
2023$16.9M · 748 accts · $260K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,940
Investment management$16,287
Total administrative$43,227
Employer contributions to the Goodwill Industries of Greater New York and Northern New Jersey, Inc. plan · 2024
Employer contribution per active participant$370
Median for plans this size$2,416
2024$370 per active participant
2023$303 per active participant

Goodwill Industries of Greater New York and Northern New Jersey, 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 · 20243
GRAY GRAY & GRAY, LLP$18,000
MMA SECURITIES LLC · Investment advisory (plan)$16,287

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

Administrative cost history2
2024$43,227 · 0.25%
2023$17,753 · 0.11%
All plans at this employer3
THE THRIFT PLAN OF GOODWILL INDUSTRIES OF GREATER NEW YORK AND NORTHERN NEW JERSEY, INC.403(b)
GOODWILL INDUSTRIES OF GREATER NEW YORK AND NORTHERN NEW JERSEY, INC. 403(B) PLAN403(b)
GOODWILL INDUSTRIES OF GREATER NEW YORK AND NORTHERN NEW JERSEY, INC. 403(B) PLAN403(b)
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 131641068 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.