Plan Ledger DOL Form 5500 · updated monthly

Goodwill Services, Inc.Profit-sharing plan

GOODWILL SERVICES INC. 401(A) RETIREMENT PLAN · RICHMOND, VA · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Goodwill Services, Inc. reported $4,396 in plan administrative expenses for 2024: 0.16% of average plan assets, lower than ~75% of peers. Employer contributions averaged $380 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 fell from 0.18% to 0.16%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Virginia (2,007th of 2,266), and 9,359th of 11,911 in health care & social assistance. active participation has grown from 152 to 183 since 2022.

Plan summary
Net assets, end of year$2,866,126
Participants with balances406
Active participants183
Employer contributions$69,616
Employee contributions$0
Employer contribution per active participant$380
Average account balance$7,059
Benefits paid to participants$195,062
Plan auditUnmodified (clean) audit opinion
AuditorKEITER
Plan history3
Yearassets · accounts · employer contribution
2024$2.9M · 406 accts · $70K emplr
2023$2.7M · 406 accts · $94K emplr
2022$2.4M · 409 accts · $89K emplr
Employer contributions to the Goodwill Services, Inc. plan · 2024
Employer contribution per active participant$380
Median for plans this size$1,313
2024$380 per active participant
2023$514 per active participant
2022$588 per active participant

Goodwill Services, Inc.'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 · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$7,430

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$4,396 · 0.16%
2023$1,988 · 0.08%
2022$4,795 · 0.18%
Same employer
Similar plansHealth Care & Social Assistance · Virginia
Care Advantage, Inc. VA$3.2M · 0.18%
Vernon J Harris East End VA$2.8M · 1.04%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 541821538 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.