Profit Sharing · DOL Form 5500 · 2024
Goodwill Industries of Southwestern Michigan, Inc. Profit Sharing Plan
Data updated 2026-08-06
- $2M
- Total assets
- 252
- Participants
- 30th
- Percentile by assets
- $8,496
- Avg per participant
Official DOL plan name: Goodwill Industries of Southwestern Michigan, Inc. Savings Plan · Sponsored by Goodwill Industries of Southwestern Michigan, Inc. · Michigan · Healthcare & Social Assistance
$2M in assets, 252 participants
Goodwill Industries of Southwestern Michigan, Inc.'s Goodwill Industries of Southwestern Michigan, Inc. Savings Plan reported $2M in total assets and 252 participants in its 2024 DOL Form 5500 filing, ranking in the 30th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- 30th percentile by assets (of 116,472 plans)
Coverage in Michigan
Goodwill Industries of Southwestern Michigan, Inc. Savings Plan covers 252 participants in Michigan, about 40% of the average Michigan filer (state average ~632 per filing). Assets: $2M.
- $2M
- total plan assets (2024 EOY)
- 252
- covered participants
- 30th
- percentile by assets (of 116,472 plans)
- $8,496
- avg assets per participant
The plan reported a net loss of $10K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Goodwill Industries of Southwestern Michigan, Inc. Savings Plan reported net income fell from -$3K in the plan year 2023 filing to -$10K in the plan year 2024 filing.
Participants vs Michigan filers
In Michigan, the average filing covers about 632 participants across 3,963 plans. Goodwill Industries of Southwestern Michigan, Inc. Savings Plan reports 252 participants - about 40% of that state average ($2M EOY assets).
Michigan filing particulars
| Total Assets (Beginning of Year) | $2M |
|---|---|
| Net Assets (End of Year) | $2M |
| Net Income | -$10K |
| Employer EIN | 381558550 |
| Plan Effective Date | 2001-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Goodwill Industries of Southwestern Michigan, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 265 | $2M |
| 2023 | 1 | 251 | $2M |
| 2024 | 1 | 252 | $2M |
Nearby Profit Sharing Plans in Michigan
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Goodwill Industries of Southwestern Michigan, Inc. Savings Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants
- Henry Ford Health System Retirement Savings Plan $1.8B · 13,461
- Hemlock Semiconductor Operations LLC Employees' Capital Accumulation Plan $340M · 1,472
- Iron Workers Defined Contribution Pension Fund Plan $232M · 5,319
- NECA-IBEW Memphis Retirement Plan $230M · 2,755
- Plumbers and Pipefitters Local Union 520 Annuity Plan $220M · 1,639
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Goodwill Industries of Southwestern Michigan, Inc. Savings Plan by total assets, not by location.
Frequently Asked Questions
How did Goodwill Industries of Southwestern Michigan, Inc. Savings Plan assets move in 2024? ▼
How have Goodwill Industries of Southwestern Michigan, Inc. plan assets changed over time? ▼
Which Profit Sharing plans are similar in size to Goodwill Industries of Southwestern Michigan, Inc. Savings Plan? ▼
Next read for Goodwill Industries of Southwestern Mich…
Filing takeaways
Ways to act on Goodwill Industries of Southwestern Michigan, Inc. Savings Plan's numbers.
- By total assets, Goodwill Industries of Southwestern Michigan, Inc. Savings Plan ranks in the lower half of filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Michigan. Compare plans
- Goodwill Industries of Southwestern Michigan, Inc.'s sponsor-wide assets have declined 0.6% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans
Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.
Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 381558550.
Read our methodology - how this data is sourced, computed, and verified.