Plan Ledger DOL Form 5500 · updated monthly

Indiana Spine Group, P.C.401(k)

INDIANA SPINE GROUP, P.C. RETIREMENT SAVINGS PLAN · CARMEL, IN · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Indiana Spine Group, P.C. reported $48,990 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $5,648 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 0.19% to 0.15%. 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 363rd-largest of 1,562 plans among Indiana employers on file, and the 2,392nd of 11,911 in health care & social assistance. In 2024, employees put in $1.21 for every $1.00 the employer contributed; active participation has grown from 149 to 179 since 2022.

Plan summary
Net assets, end of year$36,666,065
Participants with balances204
Active participants179
Employer contributions$1,011,020
Employee contributions$1,219,837
Employer contribution per active participant$5,648
Average account balance$179,736
Benefits paid to participants$322,325
Plan auditUnmodified (clean) audit opinion
AuditorMOWERY & SCHOENFELD, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$36.7M · 204 accts · $1.0M emplr
2023$29.9M · 185 accts · $919K emplr
2022$23.9M · 164 accts · $836K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,769
Investment management$43,451
Total administrative$48,990
The Indiana Spine Group, P.C. 401(k) match · 2024
Employer contribution per active participant$5,648
Median for plans this size$2,416
2024$5,648 per active participant
2023$5,504 per active participant
2022$5,613 per active participant

Indiana Spine Group, P.C.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
PROCOURSE FIDUCIARY ADVISORS, LLC · Investment advisory (plan)$16,000
EMPOWER ADVISORY GROUP, LLC · Investment management$8,887

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$48,990 · 0.15%
2023$40,169 · 0.15%
2022$47,777 · 0.19%
Same employer
Similar plansHealth Care & Social Assistance · Indiana
Heart of Cardon LLC IN$36.7M · 0.79%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352149412 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.