Plan Ledger DOL Form 5500 · updated monthly

Goodwill Industries of Ventura and Santa Barbara401(k)

GOODWILL INDUSTRIES OF VENTURA AND SANTA BARBARA 401(K) PLAN · OXNARD, CA · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

Goodwill Industries of Ventura and Santa Barbara reported $4,861 in plan administrative expenses for 2024: 0.63% of average plan assets, below the peer median. Employer contributions averaged $229 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 under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (8,836th of 9,483), and 10,909th of 11,911 in health care & social assistance. In 2024, employees put in $2.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,000,762
Participants with balances157
Active participants534
Employer contributions$122,074
Employee contributions$354,446
Employer contribution per active participant$229
Average account balance$6,374
Benefits paid to participants$85,622
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Investment management$4,861
Total administrative$4,861
The Goodwill Industries of Ventura and Santa Barbara 401(k) match · 2024
Employer contribution per active participant$229
Median for plans this size$540

Goodwill Industries of Ventura and Santa Barbara's 2024 employer contribution ran below the $540 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2024$4,861 · 0.63%
Same employer
Similar plansHealth Care & Social Assistance · California
The Teen Project Inc CA$1.0M · 0.50%
MD Tox Laboratory CA$1.0M · 0.33%
Ashmore Dental Group Corp CA$993K · 2.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770448301 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.