Plan Ledger DOL Form 5500 · updated monthly

Grant-Blackford Mental Health, Inc.Profit-sharing plan

GRANT-BLACKFORD MENTAL HEALTH PROFIT SHARING PLAN · MARION, IN · plan year 2024

Reported admin expense ratio · 2024
0.67%

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

Grant-Blackford Mental Health, Inc. reported $23,655 in plan administrative expenses for 2024: 0.67% of average plan assets, above the peer median. Employer contributions averaged $1,679 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 2 years on file its reported administrative ratio rose from 0.03% to 0.67%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Indiana (1,272nd of 1,562), and 8,749th of 11,911 in health care & social assistance. In 2024, the employer put in $1.36 for every $1.00 employees contributed themselves; active participation has grown from 134 to 189 since 2022.

Plan summary
Net assets, end of year$3,720,080
Participants with balances247
Active participants189
Employer contributions$317,262
Employee contributions$232,495
Employer contribution per active participant$1,679
Average account balance$15,061
Benefits paid to participants$536,059
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.7M · 247 accts · $317K emplr
2023$3.3M · 215 accts · $430K emplr
2022$3.1M · 132 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,655
Total administrative$23,655
Employer contributions to the Grant-Blackford Mental Health, Inc. plan · 2024
Employer contribution per active participant$1,679
Median for plans this size$1,313
2024$1,679 per active participant
2023$2,273 per active participant

Grant-Blackford Mental Health, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20242
EDWARD D. JONES & CO., L.P. · Investment advisory (participants)indirect comp
WILSHIRE ASSOCIATES, INC (USA) · Investment advisory (participants)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 history3
2024$23,655 · 0.67%
2023$19,687 · 0.62%
2022$1,010 · 0.03%
Same employer
Similar plansHealth Care & Social Assistance · Indiana
K1DS Count Therapy, LLC IN$3.7M · 0.55%
Paras Harshawat, MD IN$3.6M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 356202739 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.