401(k)
2022 plan-year 401(k) DOL Form 5500

HAGERSTOWN GOODWILL INDUSTRIES INC EMPLOYEE 401K RETIREMENT PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

HAGERSTOWN GOODWILL INDUSTRIES INC

This 401(k) plan holds $3M in total assets and serves 353 participants as of 2022. It is sponsored by HAGERSTOWN GOODWILL INDUSTRIES INC in Maryland. The plan reported a net loss of $726K for the year.

Total Assets (2023)
$3M
Participants
353
State
Industry
Healthcare & Social Assistance

What the Filing Says About HAGERSTOWN GOODWILL INDUSTRIES INC EMPLOYEE 401K RETIREMENT PLAN

HAGERSTOWN GOODWILL INDUSTRIES INC EMPLOYEE 401K RETIREMENT PLAN is a 401(k) retirement plan sponsored by HAGERSTOWN GOODWILL INDUSTRIES INC, headquartered in Maryland. As of the 2022 Form 5500 filing, the plan reports $3M in total end-of-year assets and covers 353 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 520660403, and the plan has been effective since 2001-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $3M at the beginning of 2022 to $3M at year-end — a decline of 20.8%. Net assets (after liabilities) closed the year at $3M, with reported net income of $-725,971 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$3M
Total Assets (End of Year)$3M
Net Assets (End of Year)$3M
Net Income$-725,971
Plan Type401(k)
Employer EIN520660403
Plan Effective Date2001-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (HAGERSTOWN GOODWILL INDUSTRIES INC)

Year Plans Participants Total Assets
2022 1 353 $3M
2023 1 403 $3M
2024 1 445 $4M

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Frequently Asked Questions

How much money is in the HAGERSTOWN GOODWILL INDUSTRIES INC EMPLOYEE 401K RETIREMENT PLAN?
As of the 2022 Form 5500 filing, HAGERSTOWN GOODWILL INDUSTRIES INC EMPLOYEE 401K RETIREMENT PLAN holds $3M in total assets with 353 participants. It is sponsored by HAGERSTOWN GOODWILL INDUSTRIES INC.
What type of plan is HAGERSTOWN GOODWILL INDUSTRIES INC EMPLOYEE 401K RETIREMENT PLAN?
HAGERSTOWN GOODWILL INDUSTRIES INC EMPLOYEE 401K RETIREMENT PLAN is a 401(k) plan. It has been effective since 2001-01-01. The plan is filed with the U.S. Department of Labor under EIN 520660403.
Who sponsors the HAGERSTOWN GOODWILL INDUSTRIES INC EMPLOYEE 401K RETIREMENT PLAN?
HAGERSTOWN GOODWILL INDUSTRIES INC EMPLOYEE 401K RETIREMENT PLAN is sponsored by HAGERSTOWN GOODWILL INDUSTRIES INC, located in Maryland. The sponsor's EIN is 520660403 and the plan operates in the Healthcare & Social Assistance industry.
How did HAGERSTOWN GOODWILL INDUSTRIES INC EMPLOYEE 401K RETIREMENT PLAN perform in 2022?
HAGERSTOWN GOODWILL INDUSTRIES INC EMPLOYEE 401K RETIREMENT PLAN declined by 20.8% during 2022, moving from $3M to $3M in total assets. Net income was $-725,971.
Where can I find official filings for HAGERSTOWN GOODWILL INDUSTRIES INC EMPLOYEE 401K RETIREMENT PLAN?
Official Form 5500 filings for HAGERSTOWN GOODWILL INDUSTRIES INC EMPLOYEE 401K RETIREMENT PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 520660403 or plan name at efast.dol.gov.
How does HAGERSTOWN GOODWILL INDUSTRIES INC EMPLOYEE 401K RETIREMENT PLAN compare to other plans?
You can compare HAGERSTOWN GOODWILL INDUSTRIES INC EMPLOYEE 401K RETIREMENT PLAN against other 401(k) plans on the plan type page, or view plans in Maryland on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 520660403.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.