Plan Ledger DOL Form 5500 · updated monthly

Home of the Innocents, Inc.401(k)

HOME OF THE INNOCENTS 401(K) AND RETIREMENT PLAN · LOUISVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Home of the Innocents, Inc. reported $41,787 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $742 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 0.18% to 0.21%. 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 286th-largest of 871 plans among Kentucky employers on file, and the 3,647th of 11,911 in health care & social assistance. In 2024, employees put in $4.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,394,562
Participants with balances619
Active participants488
Employer contributions$361,963
Employee contributions$1,668,601
Employer contribution per active participant$742
Average account balance$32,948
Benefits paid to participants$2,921,429
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.4M · 619 accts · $362K emplr
2023$18.6M · 615 accts · $320K emplr
2022$15.9M · 594 accts · $312K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,787
Total administrative$41,787
The Home of the Innocents, Inc. 401(k) match · 2024
Employer contribution per active participant$742
Median for plans this size$2,416
2024$742 per active participant
2023$710 per active participant
2022$688 per active participant

Home of the Innocents, Inc.'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
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$130,550

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$41,787 · 0.21%
2023$33,205 · 0.19%
2022$31,131 · 0.18%
Same employer
Similar plansHealth Care & Social Assistance · Kentucky
Health Help, Inc. KY$24.0M · 0.49%
Kentucky Blood Center KY$20.9M · 0.24%
Ohio County Hospital KY$19.5M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610445834 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.