Plan Ledger DOL Form 5500 · updated monthly

Bhi Senior Living, Inc.401(k)

BHI SENIOR LIVING, INC. EMPLOYEE RETIREMENT PLAN · INDIANAPOLIS, IN · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Bhi Senior Living, Inc. reported $183,693 in plan administrative expenses for 2024: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,061 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 0.44% to 0.46%. 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 279th-largest of 1,562 plans among Indiana employers on file, and the 1,808th of 11,911 in health care & social assistance. In 2024, employees put in $1.60 for every $1.00 the employer contributed; active participation has grown from 589 to 1,740 since 2022.

Plan summary
Net assets, end of year$52,167,008
Participants with balances919
Active participants1,740
Employer contributions$1,846,904
Employee contributions$2,948,222
Employer contribution per active participant$1,061
Average account balance$56,765
Benefits paid to participants$6,786,166
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$52.2M · 919 accts · $1.8M emplr
2023$26.9M · 523 accts · $1.0M emplr
2022$17.1M · 328 accts · $650K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$119,446
Investment management$23,038
Total administrative$183,693
The Bhi Senior Living, Inc. 401(k) match · 2024
Employer contribution per active participant$1,061
Median for plans this size$2,416
2024$1,061 per active participant
2023$1,121 per active participant
2022$1,103 per active participant

Bhi Senior Living, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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
NFP RETIREMENT INC$41,209
EMPOWER ADVISORY GROUP, LLC · Investment management$23,038

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

Administrative cost history3
2024$183,693 · 0.46%
2023$88,835 · 0.40%
2022$81,138 · 0.44%
Same employer
Similar plansHealth Care & Social Assistance · Indiana
Dienen, Inc. IN$52.5M
Radiology, Inc. IN$51.5M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 350931432 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.