Goodwill Industries of New Mexico

28
Form 5500 Data

Overview

Plan Rating

BrightScope Rating
28
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (10)
Average in Peer Group (60)
Highest in Peer Group (85)

Plan Description

Goodwill Industries of New Mexico 403(b) Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 28. Goodwill Industries of New Mexico 403(b) Plan currently has over 300 active participants and over $1.2M in plan assets.

Did you know?

For the average 401k participant, the 57 point difference between this plan's BrightScope Rating (28) and the top rated plan (85) could equate to:
25
Additional years of work
460,945
Lost Savings
*The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer. How is this calculated?

Plan Details

Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.

 
Plan data accurate as of 12/31/2017
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 5000 San Mateo Ne
  • Location
    Albuquerque , NM
  • 87109
  • Industry
    Retail Trade
  • Administrator
    Mary Best
  • Net Plan Assets
    $1,250,000
  • Total Participants
    380
  • Avg Account Balance
    $14,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Highest
Company Generosity:
Below Avg.

Performance

Participation Rate:
Poor
Salary Deferrals:
Below Avg.
Account Balance:
Poor

Design

Total Plan Cost:
Highest
Company Generosity:
Average

Performance

Participation Rate:
Poor
Salary Deferrals:
Average
Account Balance:
Poor

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

14

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Nationwide Investor Destinations Conservative 29%
89%
Nationwide Investor Destinations Aggressive 19%
7%
Nationwide Investor Destinations Moderate 19%
27%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Recordkeeper
Nationwide
Recordkeeper
Kidder Benefits Consultants, Inc.
Investment Adviser
Cetera Advisor Networks, LLC
Auditor
Rcci & Company LLC

Articles and Questions

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