IU HEALTH 401(K) SAVINGS PLAN · INDIANAPOLIS, IN · plan year 2024
Reported admin expense ratio · 2024
0.07%
Peer grade: C· admin costs + employer contributions vs same-size plans · how grading works
Indiana University Health Inc. reported $2,979,099 in plan administrative expenses for 2024: 0.07% of average plan assets, above the peer median. Employer contributions averaged $3,052 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 0.07%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 4th-largest of 1,562 plans among Indiana employers on file, and the 26th of 11,911 in health care & social assistance. In 2024, employees put in $1.89 for every $1.00 the employer contributed.
Plan summary
Net assets, end of year$4,480,954,450
Participants with balances50,764
Active participants40,158
Employer contributions$122,556,352
Employee contributions$231,655,890
Employer contribution per active participant$3,052
Average account balance$88,270
Benefits paid to participants$355,013,665
Plan auditUnmodified (clean) audit opinion
AuditorFORVIS MAZARS US, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$4.5B · 50,764 accts · $122.6M emplr
2023$3.9B · 51,922 accts · $114.9M emplr
2022$3.2B · 50,871 accts · $116.8M emplr
Administrative expenses, itemized · 2024
Investment management$2,845,618
Total administrative$2,979,099
The Indiana University Health Inc. 401(k) match · 2024
Employer contribution per active participant$3,052
Median for plans this size$5,259
2024$3,052 per active participant
2023$2,992 per active participant
2022$3,028 per active participant
Indiana University Health Inc.'s 2024 employer contribution ran below the $5,259 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.
Source: U.S. Department of Labor, Form 5500 series, EIN 351955872 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.