Plan Ledger DOL Form 5500 · updated monthly

Goodwill of Central and Northern Arizona401(k)

GOODWILL INDUSTRIES OF CENTRAL ARIZONA RETIREMENT PLAN · PHOENIX, AZ · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Goodwill of Central and Northern Arizona reported $81,872 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $104 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 0.44% to 0.52%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 413th-largest of 1,285 plans among Arizona employers on file, and the 4,156th of 11,911 in health care & social assistance. In 2024, employees put in $3.74 for every $1.00 the employer contributed; active participation has grown from 4,425 to 4,968 since 2022.

Plan summary
Net assets, end of year$16,833,410
Participants with balances1,080
Active participants4,968
Employer contributions$514,328
Employee contributions$1,921,098
Employer contribution per active participant$104
Average account balance$15,586
Benefits paid to participants$2,113,972
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.8M · 1,080 accts · $514K emplr
2023$14.5M · 1,092 accts · $408K emplr
2022$12.0M · 925 accts · $344K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$81,872
Total administrative$81,872
The Goodwill of Central and Northern Arizona 401(k) match · 2024
Employer contribution per active participant$104
Median for plans this size$2,416
2024$104 per active participant
2023$85 per active participant
2022$78 per active participant

Goodwill of Central and Northern Arizona'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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$81,872
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)indirect comp
DESANTIAGO PENSION CONSULTING LLC · Other servicesindirect 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$81,872 · 0.52%
2023$80,714 · 0.61%
2022$57,627 · 0.44%
Same employer
Similar plansHealth Care & Social Assistance · Arizona
Winslow Memorial Hospital AZ$18.3M · 0.26%
Spooner, Inc. AZ$17.7M · 0.67%
Nextcare, Inc. AZ$16.3M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860104415 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.