Plan Ledger DOL Form 5500 · updated monthly

Garden Villa Management Inc.401(k)

GARDEN VILLA RETIREMENT PLAN · BLOOMINGTON, IN · plan year 2022

Employer contribution per participant · 2022
$601

Garden Villa Management Inc.'s 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $3,031,484 across 98 participant accounts, with employer contributions averaging $601 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Indiana (1,325th of 1,562), and 9,236th of 11,911 in health care & social assistance. In 2022, employees put in $1.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,031,484
Participants with balances98
Active participants206
Employer contributions$123,868
Employee contributions$160,768
Employer contribution per active participant$601
Average account balance$30,934
Benefits paid to participants$144,786
The Garden Villa Management Inc. 401(k) match · 2022
Employer contribution per active participant$601
Median for plans this size$1,114

Garden Villa Management Inc.'s 2022 employer contribution ran below the $1,114 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.

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Source: U.S. Department of Labor, Form 5500 series, EIN 460789637 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.