Plan Ledger DOL Form 5500 · updated monthly

Goodwill of South Texas401(k)

GOODWILL OF SOUTH TEXAS 403(B) RETIREMENT PLAN · CORPUS CHRISTI, TX · plan year 2023

Reported admin expense ratio · 2023
3.03%

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

Goodwill of South Texas reported $48,043 in plan administrative expenses for 2023: 3.03% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,494 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 1 year on file its reported administrative ratio rose from 2.15% to 3.03%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Texas (5,027th of 5,688), and 2,929th of 3,341 in other services. In 2023, employees put in $1.91 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,697,726
Participants with balances37
Active participants37
Employer contributions$55,270
Employee contributions$105,392
Employer contribution per active participant$1,494
Average account balance$45,884
Benefits paid to participants$234,964
Plan auditUnmodified (clean) audit opinion
AuditorPARK FOWLER & CO.,PLLC
Plan history2
Yearassets · accounts · employer contribution
2023$1.7M · 37 accts · $55K emplr
2022$1.5M · 36 accts · $46K emplr
Administrative expenses, itemized · 2023
Investment management$48,043
Total administrative$48,043
The Goodwill of South Texas 401(k) match · 2023
Employer contribution per active participant$1,494
Median for plans this size$1,308
2023$1,494 per active participant
2022$1,276 per active participant

Goodwill of South Texas's 2023 employer contribution ran above the $1,308 median for plans its size. 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20236
ALLIANCE BENEFIT GROUP ROCKY MT · Claims processing · Recordkeeping$1,802
PARK FOWLER & CO., PLLC · Accounting / audit$14,750
ADMIN316 · Investment advisory (plan)$9,252
BENEFITEXCEL · Investment advisory (plan)$4,688
OASIS · Investment advisory (plan)$3,954
STRATEGIC WEALTH MANAGEMENT · Investment advisory (plan)$2,666

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

Administrative cost history2
2023$48,043 · 3.03%
2022$36,234 · 2.15%
Similar plansOther Services · Texas
Jobs Holdings, Inc. TX$1.9M · 0.12%
Jack Boles Services, Inc. TX$1.8M · 0.05%
Glenn Polk Fm, Inc. TX$1.7M · 0.23%
Sps Poolcare TX$1.4M · 0.17%
El Holdings, LLC TX$1.3M · 1.08%
Access World USA LLC TX$1.3M · 0.96%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741223056 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.