Plan Ledger DOL Form 5500 · updated monthly

Goodwill Industries of N.E. PA, Inc.401(k)

GOODWILL INDUSTRIES OF N.E. PA, INC. 401(K) PLAN · SCRANTON, PA · plan year 2022

Reported admin expense ratio · 2022
1.09%

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

Goodwill Industries of N.E. PA, Inc. reported $26,054 in plan administrative expenses for 2022: 1.09% of average plan assets, higher than ~75% of peers. Employer contributions averaged $850 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Pennsylvania (3,323rd of 3,651), and 9,938th of 11,911 in health care & social assistance. In 2022, employees put in $1.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,134,456
Participants with balances60
Active participants142
Employer contributions$120,710
Employee contributions$135,759
Employer contribution per active participant$850
Average account balance$35,574
Benefits paid to participants$254,728
Plan auditUnmodified (clean) audit opinion
AuditorMCGRAIL, MERKEL, QUINN & ASSOCIATES
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$18,050
Investment management$8,004
Total administrative$26,054
The Goodwill Industries of N.E. PA, Inc. 401(k) match · 2022
Employer contribution per active participant$850
Median for plans this size$1,114

Goodwill Industries of N.E. PA, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$26,054 · 1.09%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Wes Health System PA$2.2M · 0.95%
Grove Dental Group PA$2.2M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 240800938 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.