Plan Ledger DOL Form 5500 · updated monthly

Goodwyn Partners, LLC401(k)

GOODWYN PARTNERS, LLC 401(K) PLAN · MOBILE, AL · plan year 2022

Reported admin expense ratio · 2022
0.79%

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

Goodwyn Partners, LLC reported $34,409 in plan administrative expenses for 2022: 0.79% of average plan assets, higher than ~75% of peers. Employer contributions averaged $245 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Alabama (504th of 902), and 8,511th of 11,654 in professional & technical services. In 2022, employees put in $13.64 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,476,023
Participants with balances167
Active participants337
Employer contributions$82,491
Employee contributions$1,124,800
Employer contribution per active participant$245
Average account balance$50,755
Benefits paid to participants$1,263,505
Plan auditUnmodified (clean) audit opinion
AuditorREYNOLDS BONE & GRIESBECK PLC
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$8.5M · 167 accts · $82K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$34,409
Total administrative$34,409
The Goodwyn Partners, LLC 401(k) match · 2022
Employer contribution per active participant$245
Median for plans this size$1,114

Goodwyn Partners, LLC's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$34,409 · 0.79%
Similar plansProfessional & Technical Services · Alabama
Seabrook Solutions LLC AL$9.2M · 0.39%
Griffon Aerospace, Inc. AL$8.9M · 0.62%
Summit 7 Systems, LLC AL$8.5M · 0.69%
Cummings Aerospace AL$8.1M · 0.89%
Intermark Group, Inc. AL$7.6M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 862445259 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.