Plan Ledger DOL Form 5500 · updated monthly

1ST Kids, Inc.403(b)

1ST KIDS, INC. 403(B) PLAN · CROWN POINT, IN · plan year 2024

Reported admin expense ratio · 2024
0.89%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

1ST Kids, Inc. reported $26,862 in plan administrative expenses for 2024: 0.89% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,521 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 1.12% to 0.89%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Indiana (1,293rd of 1,562), and 8,980th of 11,911 in health care & social assistance. In 2024, the employer put in $2.41 for every $1.00 employees contributed themselves; active participation has grown from 107 to 130 since 2022.

Plan summary
Net assets, end of year$3,387,132
Participants with balances174
Active participants130
Employer contributions$457,693
Employee contributions$190,059
Employer contribution per active participant$3,521
Average account balance$19,466
Benefits paid to participants$60,478
Plan auditUnmodified (clean) audit opinion
AuditorL.M. HENDERSON & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$3.4M · 174 accts · $458K emplr
2023$2.6M · 165 accts · $98K emplr
2022$2.1M · 154 accts · $246K emplr
Administrative expenses, itemized · 2024
Investment management$26,862
Total administrative$26,862
Employer contributions to the 1ST Kids, Inc. plan · 2024
Employer contribution per active participant$3,521
Median for plans this size$1,313
2024$3,521 per active participant
2023$776 per active participant
2022$2,295 per active participant

1ST Kids, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
NATIONWIDE · Recordkeeping · Custodial (securities)$16,137
CAPTRUST · Investment advisory (participants) · Investment advisory (plan)$26,428
AMERICAN PENSION ADVISORS, LTD. · Investment advisory (participants) · Investment advisory (plan)$450

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Nationwide
2023Nationwide

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$26,862 · 0.89%
2023$28,597 · 1.21%
2022$22,406 · 1.12%
Similar plansHealth Care & Social Assistance · Indiana
Scan, Inc. IN$3.3M
Byron Health Center IN$3.3M · 0.94%

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Source: U.S. Department of Labor, Form 5500 series, EIN 320026299 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.