Plan Ledger DOL Form 5500 · updated monthly

Goodwill Specialty Services, Inc.DC plan

GOODWILL SPECIALTY SERVICES, INC. GOVERNMENT CONTRACTORS SAVINGS PLAN · OMAHA, NE · plan year 2024

Reported admin expense ratio · 2024
1.37%

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

Goodwill Specialty Services, Inc. reported $75,771 in plan administrative expenses for 2024: 1.37% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,068 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 0.64% to 1.37%. 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 Nebraska (453rd of 565), and 7,498th of 11,911 in health care & social assistance. active participation has shrunk from 716 to 123 since 2022.

Plan summary
Net assets, end of year$5,746,434
Participants with balances170
Active participants123
Employer contributions$377,354
Employee contributions—
Employer contribution per active participant$3,068
Average account balance$33,803
Benefits paid to participants$597,609
Plan auditUnmodified (clean) audit opinion
AuditorHBE, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$5.7M · 170 accts · $377K emplr
2023$5.4M · 313 accts · $356K emplr
2022$4.5M · 300 accts · $327K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$74,942
Investment management$85
Total administrative$75,771
Employer contributions to the Goodwill Specialty Services, Inc. plan · 2024
Employer contribution per active participant$3,068
Median for plans this size$1,313
2024$3,068 per active participant
2023$491 per active participant
2022$456 per active participant

Goodwill Specialty Services, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20244
VOYA RETIREMENT INSURANCE AND ANNUI · Investment advisory (participants)$75,771
MORNINGSTAR INVESTMENT MANAGEMENY · Investment advisory (participants)$8
HUB INVESTMENT ADVISORS, INCindirect comp
ASCENSUS · 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$75,771 · 1.37%
2023$32,380 · 0.66%
2022$32,141 · 0.64%
Similar plansHealth Care & Social Assistance · Nebraska
Project Harmony NE$6.2M · 0.53%
Bluestem Health NE$6.2M · 0.45%
Azria Health NE$5.4M · 1.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470818929 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.