Plan Ledger DOL Form 5500 · updated monthly

Indiana Packers Corporation401(k)

INDIANA PACKERS CORPORATION 401(K) RETIREMENT SAVINGS PLAN · DELPHI, IN · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Indiana Packers Corporation reported $39,924 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,306 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 0.10% to 0.04%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 145th-largest of 1,562 plans among Indiana employers on file, and the 39th of 945 in agriculture, forestry & fishing. In 2024, employees put in $2.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$104,893,843
Participants with balances2,782
Active participants2,350
Employer contributions$3,068,688
Employee contributions$7,759,990
Employer contribution per active participant$1,306
Average account balance$37,704
Benefits paid to participants$14,915,847
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$104.9M · 2,782 accts · $3.1M emplr
2023$101.2M · 2,734 accts · $2.2M emplr
2022$95.6M · 2,447 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Investment management$26,799
Audit (IQPA)$13,125
Total administrative$39,924
The Indiana Packers Corporation 401(k) match · 2024
Employer contribution per active participant$1,306
Median for plans this size$3,635
2024$1,306 per active participant
2023$943 per active participant
2022$1,109 per active participant

Indiana Packers Corporation's 2024 employer contribution ran below the $3,635 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 · 20243
EMPOWER ADVISORY GROUP, LLC · Investment management$26,799
CROWE LLP · Accounting / audit$13,125

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$39,924 · 0.04%
2023$33,989 · 0.03%
2022$104,564 · 0.10%
Same employer
Similar plansAgriculture, Forestry & Fishing · Indiana
Rose Acre Farms, Inc. IN$100.4M · 0.16%
Remington Seeds, LLC. IN$65.3M · 0.08%
Envigo Rms, LLC IN$52.3M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351908707 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.