Plan Ledger DOL Form 5500 · updated monthly

Goodwill Industries of Northeast Indiana, Inc.401(k)

GOODWILL INDUSTRIES OF NORTHEAST INDIANA, INC. 401(K) PLAN · FORT WAYNE, IN · plan year 2024

Reported admin expense ratio · 2024
1.11%

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

Goodwill Industries of Northeast Indiana, Inc. reported $36,636 in plan administrative expenses for 2024: 1.11% of average plan assets, higher than ~75% of peers. Employer contributions averaged $645 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 0.89% to 1.11%. 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 Indiana (1,283rd of 1,562), and 8,871st of 11,911 in health care & social assistance. In 2024, employees put in $2.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,557,939
Participants with balances147
Active participants151
Employer contributions$97,400
Employee contributions$227,803
Employer contribution per active participant$645
Average account balance$24,204
Benefits paid to participants$203,637
Plan auditUnmodified (clean) audit opinion
AuditorBADEN, GAGE & SCHROEDER, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$3.6M · 147 accts · $97K emplr
2023$3.1M · 136 accts · $96K emplr
2022$3.0M · 118 accts · $93K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,497
Investment management$17,869
Trustee / custodial$270
Total administrative$36,636
The Goodwill Industries of Northeast Indiana, Inc. 401(k) match · 2024
Employer contribution per active participant$645
Median for plans this size$1,313
2024$645 per active participant
2023$632 per active participant
2022$621 per active participant

Goodwill Industries of Northeast Indiana, 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 · 20242
KT ADMINISTRATORS, LLC · Recordkeeping · Pension consulting$16,770
SYM FINANCIAL ADVISORS · Investment advisory (participants)$17,869

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

Recordkeeper by year2
2024KT ADMINISTRATORS, LLC
2023RIVERSEDGE ADV RET SOLUTIONS

This plan has changed recordkeepers within these filings. If you left Goodwill Industries of Northeast Indiana, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$36,636 · 1.11%
2023$29,995 · 0.99%
2022$31,082 · 0.89%
Same employer
Similar plansHealth Care & Social Assistance · Indiana
K1DS Count Therapy, LLC IN$3.7M · 0.55%
Paras Harshawat, MD IN$3.6M · 0.59%
1ST Kids, Inc. IN$3.4M · 0.89%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351905018 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.