Plan Ledger DOL Form 5500 · updated monthly

Hobart Animal Clinic Inc401(k)

HOBART ANIMAL CLINIC INC 401(K) PROFIT SHARING PLAN & TRUST · HOBART, IN · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Hobart Animal Clinic Inc reported $12,482 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $423 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Indiana (1,150th of 1,562), and 9,671st of 11,654 in professional & technical services. In 2024, employees put in $5.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,338,880
Participants with balances168
Active participants195
Employer contributions$82,512
Employee contributions$449,249
Employer contribution per active participant$423
Average account balance$31,779
Benefits paid to participants$154,978
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,037
Investment management$2,445
Total administrative$12,482
The Hobart Animal Clinic Inc 401(k) match · 2024
Employer contribution per active participant$423
Median for plans this size$1,313

Hobart Animal Clinic 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 · 20241
PAYCHEX, INC. · Recordkeeping$9,282

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

Administrative cost history1
2024$12,482 · 0.26%
Similar plansProfessional & Technical Services · Indiana
Mainscape, Inc. IN$6.2M · 0.77%
Formassembly, Inc. IN$5.5M · 0.10%
Lifeomic, Inc. IN$5.5M · 0.21%
G & H Wire Company, Inc. IN$4.6M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351154994 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.