Plan Ledger DOL Form 5500 · updated monthly

Heart of Cardon LLC401(k)

HEART OF CARDON LLC 401(K) RETIREMENT PLAN · FISHERS, IN · plan year 2024

Reported admin expense ratio · 2024
0.79%

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

Heart of Cardon LLC reported $278,517 in plan administrative expenses for 2024: 0.79% of average plan assets, higher than ~90% of peers. Employer contributions averaged $72 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 0.40% to 0.79%. 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 361st-largest of 1,562 plans among Indiana employers on file, and the 2,389th of 11,911 in health care & social assistance. In 2024, employees put in $23.75 for every $1.00 the employer contributed; active participation has grown from 2,398 to 2,723 since 2022.

Plan summary
Net assets, end of year$36,745,415
Participants with balances3,024
Active participants2,723
Employer contributions$196,361
Employee contributions$4,664,294
Employer contribution per active participant$72
Average account balance$12,151
Benefits paid to participants$5,766,950
Plan auditUnmodified (clean) audit opinion
AuditorBLUE & CO.LLC
Plan history3
Yearassets · accounts · employer contribution
2024$36.7M · 3,024 accts · $196K emplr
2023$33.5M · 3,038 accts · $289K emplr
2022$28.3M · 3,041 accts · $301K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$278,517
Total administrative$278,517
The Heart of Cardon LLC 401(k) match · 2024
Employer contribution per active participant$72
Median for plans this size$2,416
2024$72 per active participant
2023$109 per active participant
2022$126 per active participant

Heart of Cardon LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20241

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$278,517 · 0.79%
2023$220,894 · 0.71%
2022$121,348 · 0.40%
Same employer
Similar plansHealth Care & Social Assistance · Indiana
Indiana Spine Group, P.C. IN$36.7M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261192696 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.