Plan Ledger DOL Form 5500 · updated monthly

Business Interactions LLC dba Harmony Healthcare IT 401K Plan401(k)

HARMONY HEALTHCARE IT 401K PLAN · SOUTH BEND, IN · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Business Interactions LLC dba Harmony Healthcare IT 401K Plan reported $40,094 in plan administrative expenses for 2024: 0.51% of average plan assets, below the peer median. Employer contributions averaged $3,016 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 3 years on file its reported administrative ratio has held roughly steady near 0.51%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Indiana (943rd of 1,562), and 1,581st of 2,199 in information & media. In 2024, employees put in $2.65 for every $1.00 the employer contributed; active participation has grown from 134 to 168 since 2022.

Plan summary
Net assets, end of year$8,843,265
Participants with balances159
Active participants168
Employer contributions$506,717
Employee contributions$1,340,832
Employer contribution per active participant$3,016
Average account balance$55,618
Benefits paid to participants$1,194,973
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$8.8M · 159 accts · $507K emplr
2023$7.0M · 154 accts · $449K emplr
2022$5.0M · 138 accts · $163K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,094
Total administrative$40,094
The Business Interactions LLC dba Harmony Healthcare IT 401K Plan 401(k) match · 2024
Employer contribution per active participant$3,016
Median for plans this size$1,313
2024$3,016 per active participant
2023$2,913 per active participant
2022$1,218 per active participant

Business Interactions LLC dba Harmony Healthcare IT 401K Plan'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 · 20241
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$40,097

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$40,094 · 0.51%
2023$32,154 · 0.54%
2022$25,875 · 0.53%
Same employer
Similar plansInformation & Media · Indiana
Bloomerang, LLC IN$15.3M · 0.63%
Onecause, Inc. IN$14.5M · 0.25%
Author Solutions, LLC IN$6.7M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 320157950 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.