Plan Ledger DOL Form 5500 · updated monthly

Hoosier Motor Club401(k)

HOOSIER MOTOR CLUB RETIREMENT SAVINGS PLAN · INDIANAPOLIS, IN · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Hoosier Motor Club reported $44,563 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $3,767 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 0.19% to 0.22%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 543rd-largest of 1,562 plans among Indiana employers on file, and the 1,013th of 3,341 in other services. In 2024, the employer put in $1.46 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$21,176,653
Participants with balances254
Active participants211
Employer contributions$794,872
Employee contributions$545,023
Employer contribution per active participant$3,767
Average account balance$83,373
Benefits paid to participants$2,648,984
Plan auditUnmodified (clean) audit opinion
AuditorKSM KATZ SAPPER & MILLER LLP
Plan history3
Yearassets · accounts · employer contribution
2024$21.2M · 254 accts · $795K emplr
2023$19.6M · 240 accts · $781K emplr
2022$16.8M · 245 accts · $723K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,695
Investment management$33,868
Total administrative$44,563
The Hoosier Motor Club 401(k) match · 2024
Employer contribution per active participant$3,767
Median for plans this size$2,416
2024$3,767 per active participant
2023$3,865 per active participant
2022$3,634 per active participant

Hoosier Motor Club's 2024 employer contribution ran above the $2,416 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 · 20242
ASCENSUS LLC · Loan processing · Recordkeeping$10,695
MORGAN STANLEY · Investment advisory (plan)$33,868

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$44,563 · 0.22%
2023$35,984 · 0.20%
2022$35,296 · 0.19%
Same employer
Similar plansOther Services · Indiana
Buchanan Group, Inc. IN$22.4M · 0.47%
World Gospel Mission IN$20.7M · 1.06%
Crew Carwash, Inc. IN$19.5M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 350392900 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.