Retirement plan

GOODWILL INDUSTRIES OF SOUTHEASTERN WISCONSIN, INC. 403(B) PLAN

Name: GOODWILL INDUSTRIES OF SOUTHEASTERN WISCONSIN, INC. - GOODWILL INDUSTRIES OF SOUTHEASTERN WISCONSIN, INC. 403(B) PLAN (2023) Form 5500
Creator: GOODWILL INDUSTRIES OF SOUTHEASTERN WISCONSIN, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GOODWILL INDUSTRIES OF SOUTHEASTERN WISCONSIN, INC. 403(B) PLAN, GOODWILL INDUSTRIES OF SOUTHEASTERN WISCONSIN, INC.

GOODWILL INDUSTRIES OF SOUTHEASTERN WISCONSIN, INC.EIN 39-0808491Plan #002PY 2023

6055 N 91ST STREET - MILWAUKEE, WI 53225414-847-4200LinkedIn5001-10000 employeesretail

Other plans on this EIN

2 filings

#001Retirement-$49.4M assets #003Retirement-$539K assets

Prospect flagsLow participationLow participant contributionCorrective distributions

Top hat statement on fileNQDC

Filed June 13, 2007 (most recent of 2 filings on file)

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$26.2M

+19.4% from 2022

Total participants

10,843

+6.9% from 2022

Average account balance

$31,301

+14.6% from 2022

Annual return

16.85%

+32.64 pp from 2022

Benchmarks

See 255 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants>=10,000

Cohort255 peers

Snapshot2023

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$29.94M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$35K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

866

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

10.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.15M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$474

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+14.36%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$120

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

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Service providers

Top 6 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS9+ years Service code 12 · EIN 13-3689044	Recordkeeping and information managem...	$59,358
BAIRD FUNDS9+ years Filed as: ROBERT W BAIRD INC. Service code 16 · EIN 39-6037917	Consulting	$16,482
CLIFTONLARSONALLEN LLP1 year Filed as: CLIFTON LARSON ALLEN LLP Service code 10 · EIN 41-0746749	Accounting	$7,350
AXA EQUITABLE LIFE INSURANCE CO1 year Filed as: AXA EQUITABLE LIFE INSURANCE COMPAN Service code 25 · EIN 13-5570651	Directed Trustee	$703
MUTUAL OF AMERICA INVESTMENT CORP9+ years Filed as: MUTUAL OF AMERICA LIFE INSURANCE CO Service code 28 320 PARK AVENUE · NEW YORK, NY 10022	Investment Management	$102
NATIONAL FINANCIAL SERVICES9+ years Service code 33 · EIN 04-3523567	Securities brokerage; Securities brok...	$0

Plan features & details

Pension benefit codes2F2G2L2M2T3D3H

Plan features

2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$84K

$8 / participant

Recordkeeping$60K71.6%
Investment mgmt$16K19.6%
Other / not subdivided$7K8.8%

% of EOY assets

0.321%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: CLIFTON LARSON ALLEN LLP
Auditor EIN: 410746749
Audit fees: $7,350
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$31,301

$68,330-54.2%

$149,696-79.1%

$96,393-67.5%

Participation rate

6.4%

74.6%-68.2pp

78.8%-72.4pp

71.3%-64.9pp

Annual return

16.85%

29.64%-12.8pp

134.46%-117.6pp

22.88%-6.0pp

Employer contribution / active EE

$2,139-100.0%

$4,821-100.0%

$3,239-100.0%

Participant deferral / active EE

$293

$4,422-93.4%

$5,682-94.8%

$5,455-94.6%

Admin fee / account holder

$100

$52+93.2%

$13,212-99.2%

$74+36.0%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS9+ years

Service code 12 · EIN 13-3689044

Recordkeeping and information managem...

$59,358

BAIRD FUNDS9+ years

Filed as: ROBERT W BAIRD INC.

Service code 16 · EIN 39-6037917

Consulting

$16,482

CLIFTONLARSONALLEN LLP1 year

Filed as: CLIFTON LARSON ALLEN LLP

Service code 10 · EIN 41-0746749

Accounting

$7,350

AXA EQUITABLE LIFE INSURANCE CO1 year

Filed as: AXA EQUITABLE LIFE INSURANCE COMPAN

Service code 25 · EIN 13-5570651

Directed Trustee

$703

MUTUAL OF AMERICA INVESTMENT CORP9+ years

Filed as: MUTUAL OF AMERICA LIFE INSURANCE CO

Service code 28

320 PARK AVENUE · NEW YORK, NY 10022

Investment Management

$102

NATIONAL FINANCIAL SERVICES9+ years

Service code 33 · EIN 04-3523567

Securities brokerage; Securities brok...

GOODWILL INDUSTRIES OF SOUTHEASTERN WISCONSIN, INC. 403(B) PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GOODWILL INDUSTRIES OF SOUTHEASTERN WISCONSIN, INC. 403(B) PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion