Plan Ledger DOL Form 5500 · updated monthly

Goodwill of the Olympics and Rainier Region401(k)

GOODWILL OF THE OLYMPICS AND RAINIER REGION 401(K) PLAN · TACOMA, WA · plan year 2024

Reported admin expense ratio · 2024
1.38%

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

Goodwill of the Olympics and Rainier Region reported $44,419 in plan administrative expenses for 2024: 1.38% of average plan assets, higher than ~90% of peers. Employer contributions averaged $44 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 1.38%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Washington (1,469th of 1,714), and 2,588th of 3,341 in other services. In 2024, employees put in $5.69 for every $1.00 the employer contributed; active participation has grown from 1,045 to 1,177 since 2022.

Plan summary
Net assets, end of year$3,386,267
Participants with balances173
Active participants1,177
Employer contributions$51,719
Employee contributions$294,240
Employer contribution per active participant$44
Average account balance$19,574
Benefits paid to participants$321,461
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.4M · 173 accts · $52K emplr
2023$3.0M · 191 accts · $52K emplr
2022$2.6M · 270 accts · $49K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,594
Investment management$15,825
Total administrative$44,419
The Goodwill of the Olympics and Rainier Region 401(k) match · 2024
Employer contribution per active participant$44
Median for plans this size$1,313
2024$44 per active participant
2023$49 per active participant
2022$47 per active participant

Goodwill of the Olympics and Rainier Region's 2024 employer contribution ran below the $1,313 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
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$1,500
KILEY JURGENS WEALTH MANAGEMENT · Investment advisory (participants)$15,825
DEFINITI, LLC · Contract administrator$4,003

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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Administrative cost history3
2024$44,419 · 1.38%
2023$51,628 · 1.83%
2022$39,598 · 1.43%
Same employer
Similar plansOther Services · Washington
Tri-Cities Chaplaincy WA$4.2M · 1.08%
Wrench, Inc. WA$2.7M · 0.13%
Cowiche Growers, Inc. WA$2.7M · 0.95%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910573106 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.