Plan Ledger DOL Form 5500 · updated monthly

Goodwill Industries of the Inland Northwest401(k)

GOODWILL INDUSTRIES EMPLOYEE SAVINGS PLAN · SPOKANE, WA · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Goodwill Industries of the Inland Northwest reported $4,400 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $672 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 fell from 0.27% to 0.09%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Washington (1,310th of 1,714), and 2,207th of 3,341 in other services. In 2024, employees put in $1.31 for every $1.00 the employer contributed; active participation has grown from 370 to 557 since 2022.

Plan summary
Net assets, end of year$5,637,547
Participants with balances343
Active participants557
Employer contributions$374,484
Employee contributions$490,701
Employer contribution per active participant$672
Average account balance$16,436
Benefits paid to participants$378,896
Plan auditUnmodified (clean) audit opinion
AuditorANASTASI MOORE & MARTIN PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$5.6M · 343 accts · $374K emplr
2023$4.5M · 336 accts · $389K emplr
2022$3.6M · 267 accts · $91K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,400
Total administrative$4,400
The Goodwill Industries of the Inland Northwest 401(k) match · 2024
Employer contribution per active participant$672
Median for plans this size$1,313
2024$672 per active participant
2023$757 per active participant
2022$246 per active participant

Goodwill Industries of the Inland Northwest's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$4,400 · 0.09%
2023$4,400 · 0.11%
2022$10,933 · 0.27%
Same employer
Similar plansOther Services · Washington
L&M Services, Inc. WA$6.1M · 1.10%
Puget Collision, LLC WA$5.8M · 0.16%
Epic WA$5.7M · 0.07%
El Centro de la Raza WA$5.4M · 0.20%
Friends of Youth WA$5.1M · 0.94%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910597006 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.