Plan Ledger DOL Form 5500 · updated monthly

Careage of Logansport, Inc.401(k)

CAREAGE OF LOGANSPORT, INC. 401(K) PLAN · LOGANSPORT, IN · plan year 2022

Reported admin expense ratio · 2022
1.14%

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

Careage of Logansport, Inc. reported $6,662 in plan administrative expenses for 2022: 1.14% of average plan assets, above the peer median. Employer contributions averaged $0 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 fell from 1.71% to 1.14%. The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Indiana (1,522nd of 1,562), and 11,310th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$540,157
Participants with balances46
Active participants108
Employer contributions$0
Employee contributions$63,162
Employer contribution per active participant$0
Average account balance$11,743
Benefits paid to participants$87,178
Plan auditUnmodified (clean) audit opinion
AuditorHUTH THOMPSON LLP
Plan history2
Yearassets · accounts · employer contribution
2022$540K · 46 accts
2019$394K · 93 accts
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$6,662
Total administrative$6,662
The Careage of Logansport, Inc. 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$331

Careage of Logansport, Inc.'s 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2022$6,662 · 1.14%
2019$6,766 · 1.71%
Similar plansHealth Care & Social Assistance · Indiana
Sunset Harbor Inc. IN$647K · 0.97%
Assured Nursing, Inc. IN$646K · 0.96%
Community Ltc Inc. IN$606K · 0.37%
Paladin, Inc. IN$499K · 3.88%
In-Pact, Inc. IN$471K · 1.09%
Apex Behavioral Services IN$295K · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351132742 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.