Plan Ledger DOL Form 5500 · updated monthly

Cooperative Pension / Savings Board401(k)

COOPERATIVE SAVINGS PLAN · INDIANAPOLIS, IN · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Cooperative Pension / Savings Board reported $1,001,213 in plan administrative expenses for 2024: 0.23% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,160 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 0.23%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 37th-largest of 1,562 plans among Indiana employers on file, and the 9th of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.46 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$455,497,934
Participants with balances5,435
Active participants4,519
Employer contributions$14,280,253
Employee contributions$20,824,935
Employer contribution per active participant$3,160
Average account balance$83,808
Benefits paid to participants$50,237,006
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$455.5M · 5,435 accts · $14.3M emplr
2023$417.1M · 5,360 accts · $13.7M emplr
2022$356.7M · 5,177 accts · $12.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$405,476
Investment management$278,590
Audit (IQPA)$25,910
Trustee / custodial$139,560
Total administrative$1,001,213
The Cooperative Pension / Savings Board 401(k) match · 2024
Employer contribution per active participant$3,160
Median for plans this size$4,294
2024$3,160 per active participant
2023$2,758 per active participant
2022$2,812 per active participant

Cooperative Pension / Savings Board's 2024 employer contribution ran below the $4,294 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 · 20246
NYHART · Recordkeeping · Participant communication$405,476
OXFORD FINANCIAL GROUP, LTD · Investment advisory (plan)$278,590
BAKER & HOSTETLER, LLP · Legal$142,458
CHARLES SCHWAB TRUST BANK · Trustee · Trustee (directed)$139,560
FORVIS MAZARS, LLP · Accounting / audit$25,910

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

Recordkeeper by year2
2024NYHART
2023NYHART

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

Administrative cost history3
2024$1,001,213 · 0.23%
2023$859,090 · 0.22%
2022$830,365 · 0.22%
Similar plansAgriculture, Forestry & Fishing · Indiana
Wayne Farms LLC GA$595.7M · 0.45%
The Wonderful Company CA$590.0M · 0.04%
Growmark, Inc. IL$474.9M · 0.19%
Foster Poultry Farms CA$456.0M · 0.17%
Lewis Tree Service, Inc. NY$353.6M · 0.01%
Michigan Farm Bureau MI$260.3M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311257147 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.