Plan Ledger DOL Form 5500 · updated monthly

Franciscan Alliance, Inc.401(k)

ASSISI RETIREMENT PLAN · MISHAWAKA, IN · plan year 2024

Reported admin expense ratio · 2024
0.07%

Franciscan Alliance, Inc. reported $50,331 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. 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 rose from 0.05% to 0.07%. 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 187th-largest of 1,562 plans among Indiana employers on file, and the 1,321st of 11,911 in health care & social assistance. active participation has shrunk from 759 to 643 since 2022.

Plan summary
Net assets, end of year$77,347,805
Participants with balances746
Active participants643
Employer contributions—
Employee contributions—
Employer contribution per active participant—
Average account balance$103,683
Benefits paid to participants$5,840,505
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$77.3M · 746 accts
2023$72.3M · 797 accts
2022$67.7M · 841 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$50,331
Total administrative$50,331
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
VALIC RETIREMENT SERVICES COMPANY · Custodial (securities) · Investment advisory (participants)$50,331

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$50,331 · 0.07%
2023$42,019 · 0.06%
2022$39,902 · 0.05%
Similar plansHealth Care & Social Assistance · Indiana
Radiology of Indiana, P.C. IN$84.5M · 0.01%
Summit Radiology, P.C. IN$72.9M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351330472 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.