Plan Snapshot
- Plan Sponsor: Hagerstown Goodwill Industries INC
- Sponsor EIN: 520660403
- Sponsor Address: 14515 PENNSYLVANIA AVENUE, HAGERSTOWN, MD, 21742
- Plan Type: 401(k)
- Total Participants: 407
- Total Assets: $4.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 407 | $4.3M | $474,506 | $336,337 |
| 2023 | 392 | $3.4M | $229,266 | $309,779 |
| 2022 | 370 | $2.8M | $192,980 | $242,080 |
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 |
|---|---|---|---|---|
| ALBRIGHT CRUMBACKER MOUL & ITELL | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $13,741 | — | $10,052 | — | — |
| 2023 | $10,884 | — | $7,820 | — | — |
| 2022 | $10,915 | — | — | — | $10,915 |