Plan Ledger DOL Form 5500 · updated monthly

Land of Lincoln Goodwill Industries, Inc.403(b)

403(B) THRIFT PLAN FOR LAND OF LINCOLN GOODWILL INDUSTRIES, INC. · SPRINGFIELD, IL · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Land of Lincoln Goodwill Industries, Inc. reported $8,948 in plan administrative expenses for 2024: 0.37% of average plan assets, below the peer median. Employer contributions averaged $272 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 0.25% to 0.37%. 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 Illinois (3,301st of 3,702), and 2,766th of 3,341 in other services. In 2024, employees put in $1.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,485,123
Participants with balances101
Active participants274
Employer contributions$74,531
Employee contributions$148,012
Employer contribution per active participant$272
Average account balance$24,605
Benefits paid to participants$365,188
Plan auditUnmodified (clean) audit opinion
AuditorKERBER, ECK & BRAECKEL
Plan history3
Yearassets · accounts · employer contribution
2024$2.5M · 101 accts · $75K emplr
2023$2.3M · 119 accts · $86K emplr
2022$2.1M · 136 accts · $93K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,204
Total administrative$8,948
Employer contributions to the Land of Lincoln Goodwill Industries, Inc. plan · 2024
Employer contribution per active participant$272
Median for plans this size$1,313
2024$272 per active participant
2023$344 per active participant
2022$324 per active participant

Land of Lincoln Goodwill Industries, 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 · 20242
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$5,204
NA NA$3,744

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$8,948 · 0.37%
2023$10,742 · 0.48%
2022$6,155 · 0.25%
Same employer
Similar plansOther Services · Illinois
Linen King IL$2.7M · 0.97%
Lechner & Sons, Inc. IL$2.6M · 0.49%
The Night Ministry IL$2.5M · 0.94%
Build Incorporated IL$2.2M · 0.28%
Track Group Americas IL$1.9M · 1.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 370661254 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.