403(B) Thrift Plan For Employees Of Goodwill Industries Of Greater Detroit — Form 5500 plan (Goodwill Industries Of Greater Detroit)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, 403(B) Thrift Plan For Employees Of Goodwill Industries Of Greater Detroit is a benefit plan reported by Goodwill Industries Of Greater Detroit under EIN 38-1362823 and plan number 002. The latest loaded filing year is 2023. The filing reports 861 participants and $6,325,315 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$6.3MPlan net assets, end of year$6,325,315
Participants861Covered participants reported
Assets / participant$7.3KComputed: assets ÷ participants$7,346 (computed)
Provider compensation$1.9K1 Schedule C provider row(s)$1,905
Plan sponsor
Goodwill Industries Of Greater Detroit
EIN
38-1362823
Plan number
002
Plan type
2
Location
Detroit, MI
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023861H, C20241010115811NAL0020936881001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$6.3M total assets
Net assets$6.3MLiabilities$0
Money in vs. money out
Total income / additions$1.2M
Total expenses$416.1K
Benefits paid / distributions$414.2K
Contributions
Employer-$15
Participant$475.8K
Full reported line items

Net assets

Total assets (EOY)
$6,325,315
Total liabilities (EOY)
$0
Net assets (EOY)
$6,325,315
Net assets (BOY)
$5,528,409

Income & contributions

Employer contributions
-$15
Participant contributions
$475,771
Total contributions
$572,818
Total income / additions
$1,213,021

Expenses & distributions

Benefits paid
$414,154
Administrative expenses
$1,961
Total expenses
$416,115
Net increase / (decrease)
$796,906

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Mutual Of America Investment CorpINSURANCE CARRIER$1,905$02023

Related Form 5500 pages