Plan Ledger DOL Form 5500 · updated monthly

Hamilton Center, Inc.401(k)

HAMILTON CENTER, INC. RETIREMENT PLAN · TERRE HAUTE, IN · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Hamilton Center, Inc. reported $117,360 in plan administrative expenses for 2024: 0.46% of average plan assets, above the peer median. Employer contributions averaged $2,389 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 0.09% to 0.46%. 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 466th-largest of 1,562 plans among Indiana employers on file, and the 3,043rd of 11,911 in health care & social assistance. In 2024, the employer put in $1.51 for every $1.00 employees contributed themselves; active participation has shrunk from 640 to 565 since 2022.

Plan summary
Net assets, end of year$26,375,931
Participants with balances748
Active participants565
Employer contributions$1,349,550
Employee contributions$892,480
Employer contribution per active participant$2,389
Average account balance$35,262
Benefits paid to participants$3,507,073
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$26.4M · 748 accts · $1.3M emplr
2023$25.0M · 752 accts · $1.3M emplr
2022$22.6M · 727 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$117,360
Total administrative$117,360
The Hamilton Center, Inc. 401(k) match · 2024
Employer contribution per active participant$2,389
Median for plans this size$2,416
2024$2,389 per active participant
2023$2,132 per active participant
2022$1,851 per active participant

Hamilton Center, Inc.'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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$117,360
FIRST FIN BANK · Investment advisory (plan) · Other servicesindirect 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$117,360 · 0.46%
2023$20,410 · 0.09%
2022$22,894 · 0.09%
Same employer
Similar plansHealth Care & Social Assistance · Indiana
Aspire Indiana Inc. IN$28.9M · 0.13%
Orthopaedic Associates Inc. IN$27.3M · 0.52%
Orthopediatrics, Corp. IN$26.0M · 0.04%
Lifespring, Inc. IN$25.1M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351140758 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.