Plan Ledger DOL Form 5500 · updated monthly

Hoosier Energy Rec, Inc.401(k)

RETIREMENT SAVINGS PLAN OF HOOSIER ENERGY REC, INC. · BLOOMINGTON, IN · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Hoosier Energy Rec, Inc. reported $3,147 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,467 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 fell from 0.02% to 0.00%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other utilities employers. By assets it is the 213th-largest of 1,562 plans among Indiana employers on file, and the 156th of 412 in utilities. In 2024, employees put in $2.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$70,048,953
Participants with balances337
Active participants290
Employer contributions$1,585,378
Employee contributions$3,231,115
Employer contribution per active participant$5,467
Average account balance$207,860
Benefits paid to participants$5,082,613
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$70.0M · 337 accts · $1.6M emplr
2023$61.4M · 341 accts · $1.2M emplr
2022$56.8M · 383 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Investment management$25,957
Audit (IQPA)$17,000
Total administrative$3,147
The Hoosier Energy Rec, Inc. 401(k) match · 2024
Employer contribution per active participant$5,467
Median for plans this size$3,635
2024$5,467 per active participant
2023$4,397 per active participant
2022$5,753 per active participant

Hoosier Energy Rec, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20244
MERRILL LYNCH · Consulting$50,000
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$25,957
BLUE & CO., LLC · Accounting / audit$17,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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$3,147 · 0.00%
2023$23,649 · 0.04%
2022$12,034 · 0.02%
Same employer
Similar plansUtilities · Indiana
Nisource Inc IN$2.0B · 0.00%
Miso IN$421.2M
Usic, LLC IN$206.7M · 0.25%
Ohio Valley Gas Corporation IN$19.9M · 0.27%
Waste-Away Group, LTD IN$13.4M · 0.72%
Peerless Midwest, Inc. IN$11.4M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 350411710 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.