Goodwill Keystone Area 401(k) Review & Grade
401(k) Profit Sharing Plan of Goodwill Keystone Area
Harrisburg, PAHealth Care & Social Assistance1,565 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$289Employer $ per active participant
$458Employee $ saved per active participant
0.09%Direct admin cost, % of plan assets
$16.0MNet plan assets, end of year
$15,496Average balance per account
Score breakdown
- Employer generosity12.8 / 5026th percentile for employer $ per participant
- Low cost18.9 / 2576th percentile for low admin cost vs. same-size plans
- Employee saving1.5 / 1510th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score36 / 100 · Grade D
This plan vs. peers
Peers: Health Care & Social Assistance plans with 500–2,499 active participants (1,427 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 26th |
| Lower admin cost | 76th |
| Employee saving | 10th |
| Peers that auto-enroll | 36% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Goodwill Keystone Area put in about $289 per active participant, below the typical peer ($976). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $451,883 |
| Participant (employee) contributions | $717,439 |
| Other contributions (incl. rollovers in) | $112,468 |
| Administrative expenses paid from the plan | $14,691 |
| Other admin expenses | $14,691 |
| Benefits paid out | $2,753,241 |
| Net assets, start / end of year | $15.5M / $16.0M |
| Active participants, start / end of year | 1,446 / 1,684 |
| Participants with account balances | 1,031 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Brown Plus |
Largest service providers (Schedule C)
| Mutual of America Investment Corp | $19,666 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013152555NAL0003363106001, received 2025-10-13, EIN 23-1365338, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.