Plan Ledger DOL Form 5500 · updated monthly

Goodwill Industries of Northern Illinois and Wisconsin Stateline Area401(k)

401(K) PROFIT-SHARING PLAN FOR EMPLOYEES OF GOODWILL INDUSTRIES OF NORTHERN ILLINOIS AND WISCONSIN STATELINE AREA · ROCKFORD, IL · plan year 2025

Reported admin expense ratio · 2025
1.12%

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

Goodwill Industries of Northern Illinois and Wisconsin Stateline Area reported $35,030 in plan administrative expenses for 2025: 1.12% of average plan assets, higher than ~75% of peers. Employer contributions averaged $280 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 3 years on file its reported administrative ratio rose from 0.03% to 1.12%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Illinois (3,159th of 3,702), and 2,553rd of 3,341 in other services. In 2025, employees put in $3.40 for every $1.00 the employer contributed; active participation has grown from 324 to 492 since 2022.

Plan summary
Net assets, end of year$3,521,197
Participants with balances292
Active participants492
Employer contributions$137,518
Employee contributions$467,807
Employer contribution per active participant$280
Average account balance$12,059
Benefits paid to participants$238,140
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$3.5M · 292 accts · $138K emplr
2024$2.7M · 233 accts · $121K emplr
2023$1.9M · 190 accts · $110K emplr
2022$1.3M · 127 accts · $69K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$35,030
Total administrative$35,030
The Goodwill Industries of Northern Illinois and Wisconsin Stateline Area 401(k) match · 2025
Employer contribution per active participant$280
Median for plans this size$1,464
2025$280 per active participant
2024$284 per active participant
2023$296 per active participant
2022$213 per active participant

Goodwill Industries of Northern Illinois and Wisconsin Stateline Area's 2025 employer contribution ran below the $1,464 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$35,030
RAYMOND JAMES & ASSOCIATES, INC. · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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

Administrative cost history4
2025$35,030 · 1.12%
2024$28,662 · 1.24%
2023$6,007 · 0.38%
2022$341 · 0.03%
Same employer
Similar plansOther Services · Illinois
The Resurrection Project IL$3.5M · 0.14%
Chicago Urban League IL$3.5M · 0.33%
Pinnacle Fit Clubs, LLC IL$3.4M · 1.03%
Linen King IL$2.7M · 0.97%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362167846 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.