Plan Ledger DOL Form 5500 · updated monthly

Indiana Physical Therapy, Inc.401(k)

INDIANA PHYSICAL THERAPY, INC. 401(K) SALARY REDUCTION PLAN & TRUST · FORT WAYNE, IN · plan year 2024

Reported admin expense ratio · 2024
0.65%

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

Indiana Physical Therapy, Inc. reported $95,286 in plan administrative expenses for 2024: 0.65% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,108 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 0.27% to 0.65%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 702nd-largest of 1,562 plans among Indiana employers on file, and the 4,387th of 11,911 in health care & social assistance. In 2024, employees put in $1.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,506,838
Participants with balances217
Active participants144
Employer contributions$447,501
Employee contributions$457,518
Employer contribution per active participant$3,108
Average account balance$71,460
Benefits paid to participants$1,267,060
Plan auditUnmodified (clean) audit opinion
AuditorDULIN, WARD & DEWALD, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$15.5M · 217 accts · $448K emplr
2023$13.6M · 206 accts · $414K emplr
2022$13.5M · 198 accts · $414K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$95,286
Total administrative$95,286
The Indiana Physical Therapy, Inc. 401(k) match · 2024
Employer contribution per active participant$3,108
Median for plans this size$2,416
2024$3,108 per active participant
2023$2,939 per active participant
2022$3,042 per active participant

Indiana Physical Therapy, Inc.'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.

Administrative cost history3
2024$95,286 · 0.65%
2023$87,820 · 0.65%
2022$40,739 · 0.27%
Same employer
Similar plansHealth Care & Social Assistance · Indiana
Damar Services Inc. IN$13.7M · 0.21%
New Hope of Indiana, Inc. IN$13.3M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351790012 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.