Plan Ledger DOL Form 5500 · updated monthly

Community Action of Northeast Indiana, Inc. dba Brightpoint403(b)

BRIGHTPOINT 403(B) PLAN · FORT WAYNE, IN · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Community Action of Northeast Indiana, Inc. dba Brightpoint reported $5,153 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $794 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 fell from 0.28% to 0.07%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Indiana (993rd of 1,562), and 6,459th of 11,911 in health care & social assistance. In 2024, employees put in $2.24 for every $1.00 the employer contributed; active participation has grown from 253 to 330 since 2022.

Plan summary
Net assets, end of year$7,988,654
Participants with balances150
Active participants330
Employer contributions$262,136
Employee contributions$587,099
Employer contribution per active participant$794
Average account balance$53,258
Benefits paid to participants$224,173
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.0M · 150 accts · $262K emplr
2023$6.4M · 143 accts · $236K emplr
2022$5.5M · 134 accts · $202K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,153
Total administrative$5,153
Employer contributions to the Community Action of Northeast Indiana, Inc. dba Brightpoint plan · 2024
Employer contribution per active participant$794
Median for plans this size$1,313
2024$794 per active participant
2023$847 per active participant
2022$797 per active participant

Community Action of Northeast Indiana, Inc. dba Brightpoint's 2024 employer contribution ran below the $1,313 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$5,153
SAGEVIEW ADVISORY GROUP, 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 history3
2024$5,153 · 0.07%
2023$4,310 · 0.07%
2022$18,703 · 0.28%
Same employer
Similar plansHealth Care & Social Assistance · Indiana
Lasting Change, Inc. IN$8.5M · 0.92%
Noble Inc. IN$8.0M · 0.24%
Real Services, Inc. IN$8.0M · 0.73%
Incremedical, LLC IN$7.9M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351111819 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.