Plan Ledger DOL Form 5500 · updated monthly

Aspire Indiana Inc.403(b)

ASPIRE INDIANA EMPLOYER SPONSORED 403B PLAN · NOBLESVILLE, IN · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Aspire Indiana Inc. reported $37,679 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $1,442 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 0.02% to 0.13%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 441st-largest of 1,562 plans among Indiana employers on file, and the 2,853rd of 11,911 in health care & social assistance. In 2024, employees put in $1.72 for every $1.00 the employer contributed; active participation has grown from 590 to 816 since 2022.

Plan summary
Net assets, end of year$28,946,356
Participants with balances775
Active participants816
Employer contributions$1,176,404
Employee contributions$2,019,912
Employer contribution per active participant$1,442
Average account balance$37,350
Benefits paid to participants$4,507,868
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$28.9M · 775 accts · $1.2M emplr
2023$27.3M · 734 accts · $884K emplr
2022$25.4M · 589 accts · $751K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,679
Total administrative$37,679
Employer contributions to the Aspire Indiana Inc. plan · 2024
Employer contribution per active participant$1,442
Median for plans this size$2,416
2024$1,442 per active participant
2023$1,253 per active participant
2022$1,274 per active participant

Aspire Indiana Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size. 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 · 20242
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$5,940
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$33,239

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$37,679 · 0.13%
2023$6,593 · 0.02%
2022$5,296 · 0.02%
Same employer
Similar plansHealth Care & Social Assistance · Indiana
Orthopaedic Associates Inc. IN$27.3M · 0.52%
Hamilton Center, Inc. IN$26.4M · 0.46%
Orthopediatrics, Corp. IN$26.0M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351341204 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.