Plan Snapshot
- Plan Sponsor: Goodwill Industries Of South Central Wi, INC.
- Sponsor EIN: 391147571
- Sponsor Address: 1302 MENDOTA STREET, MADISON, WI, 53714
- Plan Type: 401(k)
- Total Participants: 381
- Total Assets: $4.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 381 | $4.7M | $255,224 | $604,948 |
| 2023 | 391 | $4.3M | $184,341 | $428,959 |
| 2022 | 282 | $3.9M | $157,448 | $352,837 |
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 |
|---|---|---|---|---|
| GALLAGHER BENEFIT SERVICES INC | Investment Advisor | $18,681 | — | $18,681 |
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $14,486 | — | $14,486 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $33,167
- Estimated Expense Ratio: 0.699% 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 | $33,206 | $18,720 | — | — | — |
| 2023 | $18,639 | $12,905 | — | — | — |
| 2022 | $2,210 | — | $2,210 | — | — |