Plan Ledger DOL Form 5500 · updated monthly

Goodwill of Greater Washington403(b)

GOODWILL OF GREATER WASHINGTON TAX DEFERRED ANNUITY PLAN · WASHINGTON, DC · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Goodwill of Greater Washington reported $22,325 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $986 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 3 years on file its reported administrative ratio has held roughly steady near 0.11%. 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 among the smaller plans on file in District of Columbia (334th of 618), and the 3,571st of 11,911 in health care & social assistance. In 2024, employees put in $1.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,884,730
Participants with balances850
Active participants761
Employer contributions$750,613
Employee contributions$779,604
Employer contribution per active participant$986
Average account balance$24,570
Benefits paid to participants$1,275,748
Plan auditUnmodified (clean) audit opinion
AuditorGROSSBERG CO. LLP
Plan history3
Yearassets · accounts · employer contribution
2024$20.9M · 850 accts · $751K emplr
2023$19.0M · 804 accts · $619K emplr
2022$17.3M · 809 accts · $671K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,325
Total administrative$22,325
Employer contributions to the Goodwill of Greater Washington plan · 2024
Employer contribution per active participant$986
Median for plans this size$2,416
2024$986 per active participant
2023$875 per active participant
2022$939 per active participant

Goodwill of Greater Washington'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 · 20242
UNUM LIFE INS CO OF AMERICA · Recordkeepingindirect comp
LINCOLN NATIONAL CORPORATION · Contract administrator$26,478

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

Recordkeeper by year2
2024UNUM LIFE INS CO OF AMERICA
2023UNUM LIFE INS CO OF AMERICA

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

Administrative cost history3
2024$22,325 · 0.11%
2023$21,589 · 0.12%
2022$20,313 · 0.12%
Same employer
Similar plansHealth Care & Social Assistance · District of Columbia
Academyhealth DC$24.0M · 0.60%
Some, Inc. DC$22.4M · 0.87%
Special Olympics, Inc. DC$21.1M · 0.34%
Engenderhealth, Inc. DC$18.1M · 0.27%
Community Change DC$18.1M · 0.31%
Bread for City, Inc. DC$9.1M · 1.03%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 530196588 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.