Plan Ledger DOL Form 5500 · updated monthly

Hoosier Uplands Economic Development Corporation403(b)

HOOSIER UPLANDS ECONOMIC DEVELOPMENT CORPORATION 403(B) PLAN · MITCHELL, IN · plan year 2024

Reported admin expense ratio · 2024
0.70%

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

Hoosier Uplands Economic Development Corporation reported $45,503 in plan administrative expenses for 2024: 0.70% of average plan assets, above the peer median. Employer contributions averaged $1,016 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 0.63% to 0.70%. 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 (1,055th of 1,562), and 6,934th of 11,911 in health care & social assistance. In 2024, employees put in $1.36 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,855,959
Participants with balances131
Active participants221
Employer contributions$224,602
Employee contributions$305,004
Employer contribution per active participant$1,016
Average account balance$52,336
Benefits paid to participants$505,603
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.9M · 131 accts · $225K emplr
2023$6.1M · 130 accts · $195K emplr
2022$5.1M · 122 accts · $182K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,332
Investment management$27,171
Total administrative$45,503
Employer contributions to the Hoosier Uplands Economic Development Corporation plan · 2024
Employer contribution per active participant$1,016
Median for plans this size$1,313
2024$1,016 per active participant
2023$853 per active participant
2022$768 per active participant

Hoosier Uplands Economic Development Corporation's 2024 employer contribution ran below the $1,313 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
CPI QUALIFIED PLAN CONSULTANTS, INC · Recordkeeping · Pension consulting$18,332
RAYMOND JAMES & ASSOCIATES, INC. · Investment advisory (plan)$27,171

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

Recordkeeper by year2
2024CPI QUALIFIED PLAN CONSULTANTS, INC
2023CPI QUALIFIED PLAN CONSULTANTS, INC

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

Administrative cost history3
2024$45,503 · 0.70%
2023$37,304 · 0.67%
2022$34,051 · 0.63%
Similar plansHealth Care & Social Assistance · Indiana
Prokids, Inc. IN$7.0M · 0.03%
Rbr Alliance, Inc. IN$6.6M · 0.88%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351115492 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.