Plan Snapshot
- Plan Sponsor: The Goodman Group, INC.
- Sponsor EIN: 411914496
- Sponsor Address: 1107 HAZELTINE BOULEVARD, CHASKA, MN, 55318
- Plan Type: 401(k)
- Total Participants: 3,652
- Total Assets: $79.5M
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 | 3,652 | $79.5M | $2.4M | $6.3M |
| 2023 | 3,389 | $69.9M | $2.4M | $5.9M |
| 2022 | 3,112 | $57.7M | $2.1M | $5.4M |
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 |
|---|---|---|---|---|
| ADP, INC. | RECORD KEEPER | $155,969 | — | $155,969 |
| 401K ADVISORS INC | INVESTMENT/FINANCIAL ADVI | $51,693 | — | $51,693 |
| BOYUM BARENSCHEER | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
- 401K ADVISORS INC — INVESTMENT/FINANCIAL ADVI
- BOYUM BARENSCHEER — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $207,662
- Estimated Expense Ratio: 0.261% 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 | $207,662 | $51,693 | — | — | — |
| 2023 | $186,877 | $25,479 | — | — | — |
| 2022 | $198,617 | — | — | — | — |