Plan Ledger DOL Form 5500 · updated monthly

Grossnickle Eye Center401(k)

GROSSNICKLE EYE CENTER 401(K) RETIREMENT PLAN · WARSAW, IN · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Grossnickle Eye Center reported $69,472 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $1,759 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 0.37%. 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 582nd-largest of 1,562 plans among Indiana employers on file, and the 3,797th of 11,911 in health care & social assistance. In 2024, employees put in $3.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,207,449
Participants with balances130
Active participants116
Employer contributions$204,029
Employee contributions$683,043
Employer contribution per active participant$1,759
Average account balance$147,750
Benefits paid to participants$2,379,195
Plan auditUnmodified (clean) audit opinion
AuditorATM & COMPANY CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$19.2M · 130 accts · $204K emplr
2023$18.6M · 132 accts · $185K emplr
2022$17.1M · 131 accts · $171K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,699
Investment management$46,429
Trustee / custodial$2,344
Total administrative$69,472
The Grossnickle Eye Center 401(k) match · 2024
Employer contribution per active participant$1,759
Median for plans this size$2,416
2024$1,759 per active participant
2023$1,556 per active participant
2022$1,470 per active participant

Grossnickle Eye Center'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 · 20242
KT ADMINISTRATORS, LLC · Recordkeeping · Pension consulting$18,634
SYM FINANCIAL ADVISORS · Investment advisory (participants) · Investment advisory (plan)$46,429

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024KT ADMINISTRATORS, LLC
2023RIVERSEDGE ADV. RET. SOLUTIONS, LLC

This plan has changed recordkeepers within these filings. If you left Grossnickle Eye Center before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$69,472 · 0.37%
2023$69,807 · 0.39%
2022$68,254 · 0.36%
Similar plansHealth Care & Social Assistance · Indiana
P1 Dental Mso LLC IN$20.9M · 0.49%
Dermatology, Inc. IN$20.7M · 0.04%
Rehab Industries, Inc. IN$20.1M · 0.69%
Lac Acquisition, LLC IN$18.2M · 0.55%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 351464840 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.