Plan Ledger DOL Form 5500 · updated monthly

Goodwill Industries of the Southern Rivers, Inc.401(k)

GOODWILL INDUSTRIES RETIREMENT SAVINGS PLAN · COLUMBUS, GA · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Goodwill Industries of the Southern Rivers, Inc. reported $23,150 in plan administrative expenses for 2024: 0.35% of average plan assets, below the peer median. Employer contributions averaged $823 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 0.38% to 0.35%. 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 Georgia (1,443rd of 2,160), and 6,805th of 11,911 in health care & social assistance. In 2024, employees put in $1.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,128,218
Participants with balances412
Active participants565
Employer contributions$464,771
Employee contributions$601,554
Employer contribution per active participant$823
Average account balance$17,302
Benefits paid to participants$853,872
Plan auditUnmodified (clean) audit opinion
AuditorFOUNTAIN, ARRINGTON, BASS, MERCER
Plan history3
Yearassets · accounts · employer contribution
2024$7.1M · 412 accts · $465K emplr
2023$6.1M · 229 accts · $383K emplr
2022$4.8M · 210 accts · $345K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,150
Total administrative$23,150
The Goodwill Industries of the Southern Rivers, Inc. 401(k) match · 2024
Employer contribution per active participant$823
Median for plans this size$1,313
2024$823 per active participant
2023$645 per active participant
2022$623 per active participant

Goodwill Industries of the Southern Rivers, Inc.'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.

Service providers · 20243
ASCENSUS HOLDINGS INC DBA FUTUREPLA · Contract administrator$6,221
ASCENSUS INCindirect comp

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

Administrative cost history3
2024$23,150 · 0.35%
2023$15,575 · 0.29%
2022$18,663 · 0.38%
Same employer
Similar plansHealth Care & Social Assistance · Georgia
Gwinnett Clinic LTD. GA$6.7M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 586035822 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.