Plan Snapshot
- Plan Sponsor: Goodwill Of Colorado
- Sponsor EIN: 840513404
- Sponsor Address: 1460 GARDEN OF THE GODS ROAD, COLORADO SPRINGS, CO, 809073414
- Plan Type: 403(b)
- Total Participants: 3,268
- Total Assets: $17.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 3,268 | $17.6M | $1.7M | $1.1M |
| 2023 | 3,330 | $15.0M | $1.6M | $820,324 |
| 2022 | 3,296 | $12.7M | $1.4M | $797,182 |
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 | $115,129 | — | $115,129 |
| IMA ADVISORY SERVICES, INC. | INVESTMENT ADVISORY | $34,973 | $27 | $35,000 |
| STOCKMAN KAST RYAN & CO, LLP | Auditor | $10,112 | — | $10,112 |
| GOODWILL OF COLORADO | ACCOUNTANT | $7,217 | — | $7,217 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- IMA ADVISORY SERVICES, INC. — INVESTMENT ADVISORY
- STOCKMAN KAST RYAN & CO, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $167,458
- Estimated Expense Ratio: 0.951% 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 | $160,219 | $34,978 | $115,129 | $10,112 | — |
| 2023 | $139,475 | $34,975 | $98,785 | $5,715 | — |
| 2022 | $138,600 | $34,930 | $90,106 | — | $13,564 |