Plan Ledger DOL Form 5500 · updated monthly

Eye Surgeons of Indiana, P.C.401(k)

EYE SURGEONS OF INDIANA, P. C. 401(K) PROFIT SHARING PLAN · INDIANAPOLIS, IN · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

Eye Surgeons of Indiana, P.C. reported $83,710 in plan administrative expenses for 2024: 0.54% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,893 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 0.540%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 661st-largest of 1,562 plans among Indiana employers on file, and the 4,188th of 11,911 in health care & social assistance. In 2024, employees put in $2.01 for every $1.00 the employer contributed; active participation has grown from 125 to 209 since 2022.

Plan summary
Net assets, end of year$16,606,872
Participants with balances161
Active participants209
Employer contributions$395,740
Employee contributions$796,092
Employer contribution per active participant$1,893
Average account balance$103,148
Benefits paid to participants$448,693
Plan auditUnmodified (clean) audit opinion
AuditorKATZ SAPPER AND MILLER LLP
Plan history3
Yearassets · accounts · employer contribution
2024$16.6M · 161 accts · $396K emplr
2023$14.4M · 146 accts · $353K emplr
2022$13.3M · 136 accts · $314K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,100
Investment management$81,486
Trustee / custodial$124
Total administrative$83,710
The Eye Surgeons of Indiana, P.C. 401(k) match · 2024
Employer contribution per active participant$1,893
Median for plans this size$2,416
2024$1,893 per active participant
2023$2,294 per active participant
2022$2,510 per active participant

Eye Surgeons of Indiana, P.C.'s 2024 employer contribution ran below the $2,416 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 · 20241
WALLINGTON ASSET MANAGEMENT · Investment advisory (plan)$81,185

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$83,710 · 0.54%
2023$75,888 · 0.55%
2022$73,906 · 0.54%
Similar plansHealth Care & Social Assistance · Indiana
Healthlinc, Inc. IN$16.7M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352020403 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.