Plan Ledger DOL Form 5500 · updated monthly

Goodwill Industries of Upstate/Midlands South Caro401(k)

GOODWILL INDUSTRIES OF UPSTATE/MIDLANDS SOUTH CAROLINA, INC. 401K PLAN · GREENVILLE, SC · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Goodwill Industries of Upstate/Midlands South Caro reported $10,165 in plan administrative expenses for 2024: 0.13% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,433 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 rose from 0.09% to 0.13%. 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 South Carolina (459th of 807), and 1,804th of 3,341 in other services. In 2024, the employer put in $1.14 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$8,530,249
Participants with balances418
Active participants529
Employer contributions$758,184
Employee contributions$664,617
Employer contribution per active participant$1,433
Average account balance$20,407
Benefits paid to participants$1,472,209
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.5M · 418 accts · $758K emplr
2023$7.7M · 416 accts · $791K emplr
2022$5.8M · 395 accts · $735K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,165
Total administrative$10,165
The Goodwill Industries of Upstate/Midlands South Caro 401(k) match · 2024
Employer contribution per active participant$1,433
Median for plans this size$1,313
2024$1,433 per active participant
2023$1,512 per active participant
2022$1,436 per active participant

Goodwill Industries of Upstate/Midlands South Caro's 2024 employer contribution ran above 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 · 20241

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$10,165 · 0.13%
2023$8,266 · 0.12%
2022$5,480 · 0.09%
Same employer
Similar plansOther Services · South Carolina
Opterra Solutions, Inc. SC$10.7M · 0.58%
Hpcca - Haig Point SC$2.8M · 0.97%

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Source: U.S. Department of Labor, Form 5500 series, EIN 570564001 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.