What are the fees in the Central Indiana Community Foundation, Inc. 403(b) plan?

For plan year 2024, Central Indiana Community Foundation, Inc. reported $35,331 in plan administrative expenses, or 0.64% of average plan assets — above the peer median. Fund-level expense ratios are not included in public filings.

What is the average account balance in the Central Indiana Community Foundation, Inc. 401(k)?

The average participant account balance was $40,066 for plan year 2024, based on 131 accounts.

Central Indiana Community Foundation, Inc.403(b)

Name: Central Indiana Community Foundation, Inc. 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

CENTRAL INDIANA COMMUNITY FOUNDATION 403(B) RETIREMENT PLAN · INDIANAPOLIS, IN · plan year 2024

Reported admin expense ratio · 2024

0.64%

Central Indiana Community Foundation, Inc. reported $35,331 in plan administrative expenses for 2024: 0.64% of average plan assets, above the peer median. 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Indiana (1,157th of 1,562), and 4,430th of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$5,248,689
Participants with balances131
Active participants86
Employer contributions—
Employee contributions$588,519
Employer contribution per active participant—
Average account balance$40,066
Benefits paid to participants$1,799,129
Plan auditUnmodified (clean) audit opinion
AuditorFORVIS MAZARS, LLP

Administrative expenses, itemized · 2024

Recordkeeping & contract admin$33,879

Total administrative$35,331

What these fees cost you

Your balance

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 · 20245

PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$30,178

RETIREMENT PLAN CONCEPTS & SERVICES · Contract administrator · Other services$3,700

COREBRIDGE VALIC · Contract administrator$1,452

ONE AMERICA SECURITIES, INC. · Other servicesindirect comp

WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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

Administrative cost history1

2024$35,331 · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351793680 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.