Plan Ledger DOL Form 5500 · updated monthly

Goodwill Industries of Northern Wisconsin and Upper Michigan, Inc.403(b)

GOODWILL INDUSTRIES OF NORTHERN WI & UPPER MI 403(B) PLAN · MARQUETTE, MI · plan year 2022

Reported admin expense ratio · 2022
0.96%

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

Goodwill Industries of Northern Wisconsin and Upper Michigan, Inc. reported $13,168 in plan administrative expenses for 2022: 0.96% of average plan assets, higher than ~75% of peers. Employer contributions averaged $376 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 Michigan (2,459th of 2,619), and 10,676th of 11,911 in health care & social assistance. In 2022, employees put in $1.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,260,405
Participants with balances43
Active participants146
Employer contributions$54,895
Employee contributions$76,474
Employer contribution per active participant$376
Average account balance$29,312
Benefits paid to participants$174,386
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$13,168
Total administrative$13,168
Employer contributions to the Goodwill Industries of Northern Wisconsin and Upper Michigan, Inc. plan · 2022
Employer contribution per active participant$376
Median for plans this size$1,114

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

Administrative cost history1
2022$13,168 · 0.96%
Similar plansHealth Care & Social Assistance · Michigan
Orchards Mi, LLC MI$1.3M · 9.11%
Divined Company Inc MI$1.3M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391049987 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.