403(B) THRIFT PLAN FOR EMPLOYEES OF GOODWILL INDUSTRIES OF THE HEARTLAND

Plan Contact

  • Address: 8200 6TH ST SW,CEDAR RAPIDS,IA
  • Contact person: JANETTE FREY
  • Phone: (319) 337-4158

Plan General Information

403(B) THRIFT PLAN FOR EMPLOYEES OF GOODWILL INDUSTRIES OF THE HEARTLAND Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of 403(B) THRIFT PLAN FOR EMPLOYEES OF GOODWILL INDUSTRIES OF THE HEARTLAND is $22,175,614.00.This plan was established in 1992.

403(B) THRIFT PLAN FOR EMPLOYEES OF GOODWILL INDUSTRIES OF THE HEARTLAND Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in 403(B) THRIFT PLAN FOR EMPLOYEES OF GOODWILL INDUSTRIES OF THE HEARTLAND is 902

403(B) THRIFT PLAN FOR EMPLOYEES OF GOODWILL INDUSTRIES OF THE HEARTLAND Average Participant Retirement Account Value

In 2023, the average participant retirement account value for 403(B) THRIFT PLAN FOR EMPLOYEES OF GOODWILL INDUSTRIES OF THE HEARTLAND is $24,584.00

403(B) THRIFT PLAN FOR EMPLOYEES OF GOODWILL INDUSTRIES OF THE HEARTLAND Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for 403(B) THRIFT PLAN FOR EMPLOYEES OF GOODWILL INDUSTRIES OF THE HEARTLAND is $1,346.00.

403(B) THRIFT PLAN FOR EMPLOYEES OF GOODWILL INDUSTRIES OF THE HEARTLAND Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in 403(B) THRIFT PLAN FOR EMPLOYEES OF GOODWILL INDUSTRIES OF THE HEARTLAND is approximately $745.00
Investing in this additonal $745.00 for 20 years would give you extra $47,728.00, assuming a 10% annual return.

403(B) THRIFT PLAN FOR EMPLOYEES OF GOODWILL INDUSTRIES OF THE HEARTLAND Total Employer Contribution and Match Rate

In 2023, 403(B) THRIFT PLAN FOR EMPLOYEES OF GOODWILL INDUSTRIES OF THE HEARTLAND allocates $672,676.00 to match its employees' contributions, providing an employer match rate of 110.75% of their contributions

403(B) THRIFT PLAN FOR EMPLOYEES OF GOODWILL INDUSTRIES OF THE HEARTLAND Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of 403(B) THRIFT PLAN FOR EMPLOYEES OF GOODWILL INDUSTRIES OF THE HEARTLAND is 17.54%.

403(B) THRIFT PLAN FOR EMPLOYEES OF GOODWILL INDUSTRIES OF THE HEARTLAND Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for 403(B) THRIFT PLAN FOR EMPLOYEES OF GOODWILL INDUSTRIES OF THE HEARTLAND is 11.61%. This measures the effectiveness of the plan participants' investments in the year.

403(B) THRIFT PLAN FOR EMPLOYEES OF GOODWILL INDUSTRIES OF THE HEARTLAND Expense Ratio

In 2023, the investment and administrative expense ratio of 403(B) THRIFT PLAN FOR EMPLOYEES OF GOODWILL INDUSTRIES OF THE HEARTLAND is 0.01%.

Enrollment Features

403(B) THRIFT PLAN FOR EMPLOYEES OF GOODWILL INDUSTRIES OF THE HEARTLAND has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.


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