Plan Ledger DOL Form 5500 · updated monthly

Hillcroft Services Inc403(b)

HILLCROFT SERVICES INC. RETIREMENT PLAN · MUNCIE, IN · plan year 2024

Reported admin expense ratio · 2024
0.77%

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

Hillcroft Services Inc reported $20,504 in plan administrative expenses for 2024: 0.77% of average plan assets, above the peer median. Employer contributions averaged $450 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 0.07% to 0.77%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Indiana (1,335th of 1,562), and 9,340th of 11,911 in health care & social assistance. In 2024, employees put in $1.55 for every $1.00 the employer contributed; active participation has grown from 250 to 297 since 2022.

Plan summary
Net assets, end of year$2,893,529
Participants with balances148
Active participants297
Employer contributions$133,614
Employee contributions$207,211
Employer contribution per active participant$450
Average account balance$19,551
Benefits paid to participants$241,256
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.9M · 148 accts · $134K emplr
2023$2.4M · 138 accts · $115K emplr
2022$2.5M · 127 accts · $105K emplr
Employer contributions to the Hillcroft Services Inc plan · 2024
Employer contribution per active participant$450
Median for plans this size$1,313
2024$450 per active participant
2023$469 per active participant
2022$421 per active participant

Hillcroft Services Inc's 2024 employer contribution ran below the $1,313 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 · 20242
MUTUAL OF AMERICA SEC. CORP LLC · Recordkeeping · Loan processing$15,123
WILSHIRE ASSOCIATES INC. · Named fiduciary$488

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

Recordkeeper by year2
2024Mutual of America
2023OneAmerica

This plan has changed recordkeepers within these filings. If you left Hillcroft Services Inc 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$20,504 · 0.77%
2023$1,283 · 0.05%
2022$1,512 · 0.07%
Same employer
Similar plansHealth Care & Social Assistance · Indiana

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Source: U.S. Department of Labor, Form 5500 series, EIN 351041919 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.