Plan Ledger DOL Form 5500 · updated monthly

Jewish Federation of Greater Indianapolis, Inc.401(k)

JFGI, INC. AND AFFILIATED AGENCIES 401(K) PLAN · INDIANAPOLIS, IN · plan year 2024

Reported admin expense ratio · 2024
0.83%

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

Jewish Federation of Greater Indianapolis, Inc. reported $58,345 in plan administrative expenses for 2024: 0.83% of average plan assets, above the peer median. Employer contributions averaged $2,901 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 0.70% to 0.83%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Indiana (1,005th of 1,562), and 1,898th of 3,341 in other services. In 2024, the employer put in $1.02 for every $1.00 employees contributed themselves; active participation has shrunk from 163 to 137 since 2022.

Plan summary
Net assets, end of year$7,750,743
Participants with balances265
Active participants137
Employer contributions$397,484
Employee contributions$389,597
Employer contribution per active participant$2,901
Average account balance$29,248
Benefits paid to participants$488,643
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.8M · 265 accts · $397K emplr
2023$6.3M · 274 accts · $360K emplr
2022$5.8M · 241 accts · $300K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,019
Investment management$2,763
Audit (IQPA)$27,563
Total administrative$58,345
The Jewish Federation of Greater Indianapolis, Inc. 401(k) match · 2024
Employer contribution per active participant$2,901
Median for plans this size$1,313
2024$2,901 per active participant
2023$2,498 per active participant
2022$1,838 per active participant

Jewish Federation of Greater Indianapolis, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20242
METLIFE LIFE INSURANCE COMPANY$28,019
FORVIS MAZARS LLP · Accounting / audit$27,563

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$58,345 · 0.83%
2023$51,116 · 0.84%
2022$45,811 · 0.70%
Same employer
Similar plansOther Services · Indiana
Bashor Children's Home IN$10.0M · 0.34%
Black Equipment Co. Inc. IN$10.0M · 0.23%
Stone Belt Arc, Inc. IN$9.4M · 0.07%
Thermo King Midwest, Inc. IN$7.8M · 0.39%
Denison Parking, Inc. IN$7.7M · 0.37%
Pathfinder Services, Inc. IN$7.2M · 1.00%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 350888017 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.