Plan Ledger DOL Form 5500 · updated monthly

Healthlinc, Inc.403(b)

HEALTHLINC, INC. 403(B) PLAN · VALPARAISO, IN · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Healthlinc, Inc. reported $23,423 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $1,451 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 0.08% to 0.15%. 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 657th-largest of 1,562 plans among Indiana employers on file, and the 4,174th of 11,911 in health care & social assistance. In 2024, employees put in $1.92 for every $1.00 the employer contributed; active participation has grown from 480 to 572 since 2022.

Plan summary
Net assets, end of year$16,727,817
Participants with balances308
Active participants572
Employer contributions$829,825
Employee contributions$1,592,632
Employer contribution per active participant$1,451
Average account balance$54,311
Benefits paid to participants$1,883,099
Plan auditUnmodified (clean) audit opinion
AuditorCOMER NOWLING AND ASSOCIATES P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$16.7M · 308 accts · $830K emplr
2023$14.6M · 296 accts · $782K emplr
2022$11.4M · 287 accts · $710K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,423
Total administrative$23,423
Employer contributions to the Healthlinc, Inc. plan · 2024
Employer contribution per active participant$1,451
Median for plans this size$2,416
2024$1,451 per active participant
2023$1,551 per active participant
2022$1,479 per active participant

Healthlinc, 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 · 20243
WIPFLI LLP · Recordkeeping · Loan processing$10,972
NATIONWIDE · Loan processing · Recordkeeping$6,563
CAMBRIDGE INVESTMENT RESEARCH · Investment advisory (participants) · Investment advisory (plan)indirect comp

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

Recordkeeper by year2
2024Nationwide, WIPFLI LLP
2023Nationwide, WIPFLI LLP

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

Administrative cost history3
2024$23,423 · 0.15%
2023$20,273 · 0.16%
2022$9,880 · 0.08%
Same employer
Similar plansHealth Care & Social Assistance · Indiana
Lac Acquisition, LLC IN$18.2M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352147791 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.