Goodwyn Mills Cawood, LLC 401(k) Review & Grade
Goodwyn Mills Cawood, LLC 401(k) Profit Sharing Plan and Trust
Montgomery, ALProfessional, Scientific & Technical Services591 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$3,472Employer $ per active participant
$7,242Employee $ saved per active participant
0.32%Direct admin cost, % of plan assets
$54.6MNet plan assets, end of year
$75,141Average balance per account
Score breakdown
- Employer generosity28.7 / 5057th percentile for employer $ per participant
- Low cost9.5 / 2538th percentile for low admin cost vs. same-size plans
- Employee saving5.5 / 1537th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score44 / 100 · Grade D
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 57th |
| Lower admin cost | 38th |
| Employee saving | 37th |
| Peers that auto-enroll | 48% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($1,330 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
What to do if you're in this plan
- Goodwyn Mills Cawood put in about $3,472 per active participant, more than the typical peer ($3,082). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- 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.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- 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 | $2,051,892 |
| Participant (employee) contributions | $4,280,066 |
| Other contributions (incl. rollovers in) | $817,147 |
| Administrative expenses paid from the plan | $159,152 |
| Investment advisory & management fees | $79,293 |
| Benefits paid out | $3,003,790 |
| Net assets, start / end of year | $44.7M / $54.6M |
| Active participants, start / end of year | 539 / 643 |
| Participants with account balances | 726 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Aldridge, Borden & Company, P.C. |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $71,014 reported compensation |
| Regions Bank | $67,065 reported compensation |
| Strategic Advisors, Inc. | $12,227 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014080147NAL0003383072001, received 2025-10-14, EIN 85-4128572, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.