Goddard Systems 401(k) match, vesting and fees
What Goddard Systems' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Newport Group, Inc. | Schedule C ↗ |
| Independent auditor | Rsm US LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 2,134 defined-contribution plans in educational services with 100 to 499 participants.
| Goddard Systems: employer contribution per participant | $3,620 | |
| Peer median | $1,684 |
| Goddard Systems: average balance | $68,651 | |
| Peer median | $62,952 |
| Goddard Systems: admin expenses ÷ assets | 0.42% | |
| Peer median | 0.17% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $7.6M at the end of plan year 2022 to $15M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 222 | $15M | $793K | $3,620 | 0.42% | Not published | Form 5500 ↗ |
| 2023 | 212 | $11.8M | $770K | $3,702 | 0.33% | Not published | Form 5500 ↗ |
| 2022 | 182 | $7.6M | $308K | $1,739 | 0.07% | Not published | Form 5500 ↗ |
Common questions
Does Goddard Systems match 401(k) contributions?
The match terms for the Goddard Systems, Inc. 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $793K in employer contributions, about $3,620 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Goddard Systems 401(k) match vested?
The vesting schedule for the Goddard Systems, Inc. 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Goddard Systems 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Newport Group, Inc.. The plan administrator is Goddard Systems, Inc..
I left Goddard Systems. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Goddard Systems, Inc., (484) 801-4099) or the recordkeeper, Newport Group, Inc.. The Goddard Systems old 401(k) page lists the contacts from every plan filing. Find an old Goddard Systems 401(k)
Data from the public Form 5500 annual reports Goddard Systems filed with the U.S. Department of Labor (plan years 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Goddard Systems. Not financial advice. Report a correction · Methodology