Plan Ledger DOL Form 5500 · updated monthly

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

GOODWILL INDUSTRIES OF NORTHEAST TEXAS, INC. 401(K) PLAN · SHERMAN, TX · plan year 2023

Reported admin expense ratio · 2023
0.75%

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

Goodwill Industries of Northeast Texas, Inc. reported $12,557 in plan administrative expenses for 2023: 0.75% of average plan assets, above the peer median. Employer contributions averaged $458 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 0.26% to 0.75%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Texas (5,021st of 5,688), and 4,750th of 5,215 in retail trade. In 2023, employees put in $1.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,708,553
Participants with balances87
Active participants208
Employer contributions$95,199
Employee contributions$105,641
Employer contribution per active participant$458
Average account balance$19,639
Benefits paid to participants$375,453
Plan auditUnmodified (clean) audit opinion
AuditorVAIL & PARK, PC
Plan history2
Yearassets · accounts · employer contribution
2023$1.7M · 87 accts · $95K emplr
2022$1.6M · 85 accts · $93K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$12,557
Total administrative$12,557
The Goodwill Industries of Northeast Texas, Inc. 401(k) match · 2023
Employer contribution per active participant$458
Median for plans this size$1,308
2023$458 per active participant
2022$655 per active participant

Goodwill Industries of Northeast Texas, 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.

Administrative cost history2
2023$12,557 · 0.75%
2022$4,585 · 0.26%
Same employer
Similar plansRetail Trade · Texas
Vngr Beverage LLC TX$1.9M · 0.19%
T.N.M. Partners, LLC TX$1.7M · 0.91%
Tipton Motors, Inc. TX$1.7M · 0.14%
Rolfson Oil, LLC TX$1.7M · 0.09%
Wuest's, Inc. TX$1.6M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751517836 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.