Plan Ledger DOL Form 5500 · updated monthly

Hall, Render, Killian, Heath & Lyman, PC401(k)

HALL, RENDER, KILLIAN, HEATH & LYMAN, PC 401(K) PROFIT SHARING PLAN · INDIANAPOLIS, IN · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Hall, Render, Killian, Heath & Lyman, PC reported $137,573 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $12,145 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 fell from 0.16% to 0.10%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 107th-largest of 1,562 plans among Indiana employers on file, and the 1,090th of 11,654 in professional & technical services. In 2024, the employer put in $1.04 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$142,477,352
Participants with balances431
Active participants321
Employer contributions$3,898,564
Employee contributions$3,739,578
Employer contribution per active participant$12,145
Average account balance$330,574
Benefits paid to participants$16,667,732
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$142.5M · 431 accts · $3.9M emplr
2023$135.4M · 415 accts · $3.9M emplr
2022$118.2M · 394 accts · $3.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$77,573
Investment management$60,000
Total administrative$137,573
The Hall, Render, Killian, Heath & Lyman, PC 401(k) match · 2024
Employer contribution per active participant$12,145
Median for plans this size$3,635
2024$12,145 per active participant
2023$12,476 per active participant
2022$12,154 per active participant

Hall, Render, Killian, Heath & Lyman, PC's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top quarter of its peers. 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
NEWPORT GROUP, INC. · Claims processing · Recordkeeping$49,941
MERRIL LYNCH CONSULTING SERVICES · Investment advisory (participants) · Investment advisory (plan)$60,000

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$137,573 · 0.10%
2023$169,806 · 0.13%
2022$206,262 · 0.16%
Same employer
Similar plansProfessional & Technical Services · Indiana
Worksmart Systems, Inc. IN$327.5M · 0.22%
Press Ganey Associates LLC IN$238.7M · 0.16%
Commissioning Agents Inc IN$175.8M · 0.09%
Bose McKinney & Evans LLP IN$141.4M · 0.05%
Inotiv, Inc. IN$118.1M · 0.22%
Blue & Co., LLC IN$114.6M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351427161 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.