Plan Ledger DOL Form 5500 · updated monthly

Goodwill of Central and Coastal Virginia Inc.DC plan

403(B) THRIFT PLAN OF GOODWILL OF CENTRAL AND COASTAL VIRGINIA, INC. · RICHMOND, VA · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Goodwill of Central and Coastal Virginia Inc. reported $18,024 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $395 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 0.07% to 0.13%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Virginia (1,214th of 2,266), and the 1,316th of 3,341 in other services. In 2024, employees put in $1.60 for every $1.00 the employer contributed; active participation has shrunk from 2,266 to 1,331 since 2022.

Plan summary
Net assets, end of year$14,566,592
Participants with balances1,770
Active participants1,331
Employer contributions$525,663
Employee contributions$842,506
Employer contribution per active participant$395
Average account balance$8,230
Benefits paid to participants$2,682,936
Plan auditUnmodified (clean) audit opinion
AuditorKEITER
Plan history3
Yearassets · accounts · employer contribution
2024$14.6M · 1,770 accts · $526K emplr
2023$14.0M · 2,325 accts · $532K emplr
2022$12.1M · 2,094 accts · $484K emplr
Employer contributions to the Goodwill of Central and Coastal Virginia Inc. plan · 2024
Employer contribution per active participant$395
Median for plans this size$2,416
2024$395 per active participant
2023$218 per active participant
2022$214 per active participant

Goodwill of Central and Coastal Virginia 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
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$18,024

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$18,024 · 0.13%
2023$6,194 · 0.05%
2022$8,422 · 0.07%
Same employer
Similar plansOther Services · Virginia
Patient Advocate Foundation VA$14.9M · 0.30%
Reston Association VA$14.5M · 0.20%
Chemsolv, Inc. VA$12.8M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 540455395 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.