Plan Ledger DOL Form 5500 · updated monthly

Lifespring, Inc.401(k)

LIFESPRING EMPLOYEE INCENTIVE RETIREMENT PLAN · JEFFERSONVILLE, IN · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Lifespring, Inc. reported $81,874 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $2,262 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 0.36% to 0.34%. 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 480th-largest of 1,562 plans among Indiana employers on file, and the 3,151st of 11,911 in health care & social assistance. In 2024, employees put in $1.12 for every $1.00 the employer contributed; active participation has grown from 360 to 398 since 2022.

Plan summary
Net assets, end of year$25,101,003
Participants with balances461
Active participants398
Employer contributions$900,166
Employee contributions$1,010,406
Employer contribution per active participant$2,262
Average account balance$54,449
Benefits paid to participants$2,573,002
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$25.1M · 461 accts · $900K emplr
2023$22.9M · 453 accts · $836K emplr
2022$20.3M · 439 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,788
Investment management$35,086
Total administrative$81,874
The Lifespring, Inc. 401(k) match · 2024
Employer contribution per active participant$2,262
Median for plans this size$2,416
2024$2,262 per active participant
2023$2,277 per active participant
2022$4,389 per active participant

Lifespring, Inc.'s 2024 employer contribution ran below 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.

Service providers · 20242
CPI QUALIFIED PLAN CONSULTANTS, INC · Recordkeeping · Pension consulting$46,789
GENEOS WEALTH MANAGEMENT, INC. · Investment advisory (plan)$35,086

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024CPI QUALIFIED PLAN CONSULTANTS, INC
2023CPI QUALIFIED PLAN CONSULTANTS, INC

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$81,874 · 0.34%
2023$83,564 · 0.39%
2022$76,796 · 0.36%
Same employer
Similar plansHealth Care & Social Assistance · Indiana
Orthopaedic Associates Inc. IN$27.3M · 0.52%
Hamilton Center, Inc. IN$26.4M · 0.46%
Orthopediatrics, Corp. IN$26.0M · 0.04%
Womens Health Care, P.C. IN$24.3M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351097350 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.