Plan Ledger DOL Form 5500 · updated monthly

Indiana Masonic Home, Inc.401(k)

INDIANA MASONIC HOME, INC. 401(K) PLAN · FRANKLIN, IN · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Indiana Masonic Home, Inc. reported $16,924 in plan administrative expenses for 2024: 0.50% of average plan assets, below the peer median. Employer contributions averaged $376 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 1.00% to 0.50%. 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 (1,281st of 1,562), and 8,820th of 11,911 in health care & social assistance. In 2024, employees put in $3.31 for every $1.00 the employer contributed; active participation has grown from 234 to 301 since 2022.

Plan summary
Net assets, end of year$3,619,449
Participants with balances274
Active participants301
Employer contributions$113,203
Employee contributions$375,205
Employer contribution per active participant$376
Average account balance$13,210
Benefits paid to participants$436,314
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.6M · 274 accts · $113K emplr
2023$3.2M · 131 accts · $100K emplr
2022$2.6M · 235 accts · $84K emplr
The Indiana Masonic Home, Inc. 401(k) match · 2024
Employer contribution per active participant$376
Median for plans this size$1,313
2024$376 per active participant
2023$315 per active participant
2022$357 per active participant

Indiana Masonic Home, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20244
RAYMOND JAMES & ASSOCIATES, INC. · Investment management$14,716
NATIONWIDE · Investment management$13,025
PROACCOUNT · Investment advisory (participants)$2,111
NATIONWIDE · Investment management$577

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$16,924 · 0.50%
2023$15,479 · 0.54%
2022$28,126 · 1.00%
Same employer
Similar plansHealth Care & Social Assistance · Indiana
K1DS Count Therapy, LLC IN$3.7M · 0.55%
Paras Harshawat, MD IN$3.6M · 0.59%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 352187477 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.