Plan Ledger DOL Form 5500 · updated monthly

Elkhart Clinic, LLC401(k)

ELKHART CLINIC, LLC EMPLOYEES' PROFIT SHARING PLAN · ELKHART, IN · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Elkhart Clinic, LLC reported $73,991 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $3,494 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 1 year on file its reported administrative ratio rose from 0.11% to 0.12%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 222nd-largest of 1,562 plans among Indiana employers on file, and the 1,483rd of 11,911 in health care & social assistance. In 2024, employees put in $1.52 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$67,189,983
Participants with balances392
Active participants313
Employer contributions$1,093,510
Employee contributions$1,662,561
Employer contribution per active participant$3,494
Average account balance$171,403
Benefits paid to participants$3,832,306
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$67.2M · 392 accts · $1.1M emplr
2023$60.4M · 394 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$73,991
Total administrative$73,991
The Elkhart Clinic, LLC 401(k) match · 2024
Employer contribution per active participant$3,494
Median for plans this size$3,635
2024$3,494 per active participant
2023$4,114 per active participant

Elkhart Clinic, LLC's 2024 employer contribution ran below the $3,635 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$70,675
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect 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 history2
2024$73,991 · 0.12%
2023$63,317 · 0.11%
Same employer
Similar plansHealth Care & Social Assistance · Indiana
Summit Radiology, P.C. IN$72.9M · 0.14%
First Urology P.S.C. IN$63.5M · 0.39%
Urology of Indiana, LLC IN$60.8M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351911857 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.