Plan Ledger DOL Form 5500 · updated monthly

Community Foundation of Northwest Indiana, Inc.403(b)

COMMUNITY FOUNDATION OF NORTHWEST INDIANA 403(B) RETIREMENT PLAN · MUNSTER, IN · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Community Foundation of Northwest Indiana, Inc. reported $412,143 in plan administrative expenses for 2024: 0.10% 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 has held roughly steady near 0.099%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 38th-largest of 1,562 plans among Indiana employers on file, and the 363rd of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$440,279,707
Participants with balances9,845
Active participants8,025
Employer contributions$0
Employee contributions$35,111,907
Employer contribution per active participant$0
Average account balance$44,721
Benefits paid to participants$34,039,426
Plan auditDisclaimer of opinion
AuditorSWARTZ, RETSON & CO., P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$440.3M · 9,845 accts
2023$391.1M · 9,519 accts
2022$333.5M · 9,177 accts
Administrative expenses, itemized · 2024
Investment management$15,000
Audit (IQPA)$16,323
Total administrative$412,143
Employer contributions to the Community Foundation of Northwest Indiana, Inc. plan · 2024
Employer contribution per active participant$0
Median for plans this size$4,294

Community Foundation of Northwest Indiana, Inc.'s 2024 employer contribution ran below the $4,294 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
LINCOLN NATIONAL CORPORATION · Contract administrator$380,820
SWARTZ RETSON · Accounting / audit$16,323
GRAYSTONE CONSULTING · Consulting$15,000

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$412,143 · 0.10%
2023$392,846 · 0.11%
2022$341,326 · 0.10%
All plans at this employer2
CFNI RETIREMENT PLANProfit-sharing plan
COMMUNITY FOUNDATION OF NORTHWEST INDIANA 403(B) RETIREMENT PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · Indiana
Parkview Health System, Inc. IN$928.5M · 0.01%
Beacon Health System, Inc. IN$694.9M · 0.14%
Goshen Health IN$300.2M · 0.08%
Trimedx Holdings, LLC IN$244.6M · 0.21%
Union Hospital, Inc. IN$232.8M · 0.16%
Orthoindy IN$229.4M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311128781 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.