Plan Ledger DOL Form 5500 · updated monthly

Indian Creek Foundation401(k)

INDIAN CREEK FOUNDATION RETIREMENT PLAN · SOUDERTON, PA · plan year 2024

Reported admin expense ratio · 2024
0.61%

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

Indian Creek Foundation reported $50,006 in plan administrative expenses for 2024: 0.61% of average plan assets, above the peer median. Employer contributions averaged $766 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 0.68% to 0.61%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Pennsylvania (2,469th of 3,651), and 1,810th of 3,341 in other services. In 2024, employees put in $2.51 for every $1.00 the employer contributed; active participation has shrunk from 239 to 212 since 2022.

Plan summary
Net assets, end of year$8,469,552
Participants with balances221
Active participants212
Employer contributions$162,345
Employee contributions$406,746
Employer contribution per active participant$766
Average account balance$38,324
Benefits paid to participants$1,040,818
Plan auditDisclaimer of opinion
AuditorWHEELER, WOLFENDEN AND DWARES, CPA
Plan history3
Yearassets · accounts · employer contribution
2024$8.5M · 221 accts · $162K emplr
2023$8.0M · 280 accts · $162K emplr
2022$7.8M · 263 accts · $313K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,384
Investment management$20,622
Total administrative$50,006
The Indian Creek Foundation 401(k) match · 2024
Employer contribution per active participant$766
Median for plans this size$1,313
2024$766 per active participant
2023$709 per active participant
2022$1,309 per active participant

Indian Creek Foundation'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 · 20244
THE PARAGON ALLIANCE GROUP, LLC · Plan administrator · Recordkeeping$1,650
THE RETIREMENT PLAN COMPANY · Plan administrator · Recordkeeping$575
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$450
GIRARD ADVISORY SERVICES, LLC · Investment advisory (participants)$20,622

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

Recordkeeper by year2
2024John Hancock, THE PARAGON ALLIANCE GROUP, LLC, THE RETIREMENT PLAN COMPANY
2023John Hancock, THE PARAGON ALLIANCE GROUP, LLC

This plan has changed recordkeepers within these filings. If you left Indian Creek Foundation before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$50,006 · 0.61%
2023$51,021 · 0.65%
2022$49,044 · 0.68%
Similar plansOther Services · Pennsylvania
Pennsylvania Farm Bureau PA$8.9M · 0.51%
Traditions of America LP PA$8.5M · 0.94%
Kuljian Corporation PA$8.3M · 0.51%
Infaith PA$8.1M · 0.01%
Urban Affairs Coalition PA$8.0M · 1.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223330096 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.