Plan Snapshot
- Plan Sponsor: Goodwill Industries Of Kansas, INC.
- Sponsor EIN: 480673284
- Sponsor Address: 3351 N WEBB RD, WICHITA, KS, 67226
- Plan Type: 401(k)
- Total Participants: 607
- Total Assets: $4.0M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 607 | $4.0M | $167,517 | $341,642 |
| 2023 | 427 | $4.2M | $135,250 | $243,905 |
| 2022 | 356 | $3.2M | $128,748 | $211,963 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $7,941 | — | $7,941 |
| ALLEN , GIBBS, & HOULIK, L.C. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $7,941
- Estimated Expense Ratio: 0.198% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $12,903 | $1,518 | $8,132 | — | — |
| 2023 | $789 | — | — | — | — |
| 2022 | $1,038 | — | $1,038 | — | — |