Plan Ledger DOL Form 5500 · updated monthly

Allied Physicians Inc.401(k)

ALLIED PHYSICIANS, INC. 401(K) SALARY REDUCTION PLAN AND TRUST · FORT WAYNE, IN · plan year 2022

Reported admin expense ratio · 2022
0.06%

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

Allied Physicians Inc. reported $23,796 in plan administrative expenses for 2022: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,525 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 rose from 0.06% to 0.09%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 401st-largest of 1,562 plans among Indiana employers on file, and the 2,574th of 11,911 in health care & social assistance. In 2022, the employer put in $1.19 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$33,021,061
Participants with balances126
Active participants64
Employer contributions$545,622
Employee contributions$459,050
Employer contribution per active participant$8,525
Average account balance$262,072
Benefits paid to participants$5,292,619
Plan auditUnmodified (clean) audit opinion
AuditorHAINES, ISENBARGER & SKIBA, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$18.6M · 83 accts · $22K emplr
2023$29.1M · 115 accts · $313K emplr
2022$33.0M · 126 accts · $546K emplr
Administrative expenses, itemized · 2022
Investment management$19,307
Total administrative$23,796
The Allied Physicians Inc. 401(k) match · 2022
Employer contribution per active participant$8,525
Median for plans this size$2,266

Allied Physicians Inc.'s 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$20,602 · 0.09%
2023$17,157 · 0.06%
2022$23,796 · 0.06%
Same employer
Similar plansHealth Care & Social Assistance · Indiana
Healthnet, Inc. IN$32.9M · 0.75%
Valley Oaks Health, Inc. IN$31.9M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351155438 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.