Plan Ledger DOL Form 5500 · updated monthly

Goodwill Industries of Houston, Inc.Profit-sharing plan

GOODWILL RETIREMENT PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.70%

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

Goodwill Industries of Houston, Inc. reported $30,137 in plan administrative expenses for 2024: 0.70% of average plan assets, above the peer median. Employer contributions averaged $554 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 0.81% to 0.70%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Texas (4,179th of 5,688), and 8,162nd of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$4,589,165
Participants with balances540
Active participants869
Employer contributions$481,102
Employee contributions—
Employer contribution per active participant$554
Average account balance$8,498
Benefits paid to participants$271,424
Plan auditUnmodified (clean) audit opinion
AuditorABIP, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$4.6M · 540 accts · $481K emplr
2023$4.1M · 686 accts · $468K emplr
2022$3.8M · 692 accts · $261K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,246
Investment management$891
Total administrative$30,137
Employer contributions to the Goodwill Industries of Houston, Inc. plan · 2024
Employer contribution per active participant$554
Median for plans this size$1,313
2024$554 per active participant
2023$576 per active participant
2022$327 per active participant

Goodwill Industries of Houston, 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 · 20241
BENEFIT PLANS ADMIN SERVICES · Recordkeeping · Investment advisory (plan)$30,138

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

Recordkeeper by year2
2024BENEFIT PLANS ADMIN SERVICES
2023BENEFIT PLANS ADMIN SERVICES

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

Administrative cost history3
2024$30,137 · 0.70%
2023$32,400 · 0.83%
2022$33,795 · 0.81%
Same employer
Similar plansHealth Care & Social Assistance · Texas
Rise Corporate LLC TX$4.6M · 0.03%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 741285095 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.