Plan Ledger DOL Form 5500 · updated monthly

Goodwill Industries Suncoast, Inc.403(b)

SECTION 403(B) RETIREMENT PLAN FOR GOODWILL INDUSTRIES SUNCOAST, INC. · ST. PETERSBURG, FL · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Goodwill Industries Suncoast, Inc. reported $64,420 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $415 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 0.27% to 0.37%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 1,186th-largest of 3,644 plans among Florida employers on file, and the 1,598th of 5,215 in retail trade. In 2024, employees put in $1.92 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,272,796
Participants with balances399
Active participants969
Employer contributions$402,110
Employee contributions$771,120
Employer contribution per active participant$415
Average account balance$45,796
Benefits paid to participants$1,373,049
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.3M · 399 accts · $402K emplr
2023$16.4M · 400 accts · $381K emplr
2022$14.3M · 522 accts · $374K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$64,420
Total administrative$64,420
Employer contributions to the Goodwill Industries Suncoast, Inc. plan · 2024
Employer contribution per active participant$415
Median for plans this size$2,416
2024$415 per active participant
2023$371 per active participant
2022$387 per active participant

Goodwill Industries Suncoast, Inc.'s 2024 employer contribution ran below the $2,416 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.

Service providers · 20241
METLIFE LIFE INSURANCE COMPANY$64,420

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$64,420 · 0.37%
2023$56,239 · 0.37%
2022$42,484 · 0.27%
Same employer
Similar plansRetail Trade · Florida
Tom Bush Volkswagen Inc FL$19.0M · 0.26%
Galati Yacht Sales, LLC FL$19.0M · 0.39%
A Beka Book, Inc. FL$18.5M · 0.23%
Myers Auto Group, LLC FL$17.9M · 0.59%
Lynch Management Company FL$17.7M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 590718492 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.