Plan Ledger DOL Form 5500 · updated monthly

Logan Community Resources, Inc.DC plan

403(B) THRIFT PLAN OF LOGAN COMMUNITY RESOURCES, INC. · SOUTH BEND, IN · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Logan Community Resources, Inc. reported $7,306 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $593 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 3 years on file its reported administrative ratio has held roughly steady near 0.072%. 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 among the smaller plans on file in Indiana (856th of 1,562), and the 5,441st of 11,911 in health care & social assistance. In 2024, employees put in $1.66 for every $1.00 the employer contributed; active participation has grown from 452 to 647 since 2022.

Plan summary
Net assets, end of year$10,958,073
Participants with balances758
Active participants647
Employer contributions$383,790
Employee contributions$638,853
Employer contribution per active participant$593
Average account balance$14,457
Benefits paid to participants$684,258
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.0M · 758 accts · $384K emplr
2023$9.2M · 694 accts · $342K emplr
2022$7.5M · 768 accts · $304K emplr
Employer contributions to the Logan Community Resources, Inc. plan · 2024
Employer contribution per active participant$593
Median for plans this size$2,416
2024$593 per active participant
2023$559 per active participant
2022$673 per active participant

Logan Community Resources, Inc.'s 2024 employer contribution ran below the $2,416 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.

Service providers · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$10,325

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$7,306 · 0.07%
2023$3,864 · 0.05%
2022$5,808 · 0.07%
Same employer
Similar plansHealth Care & Social Assistance · Indiana
Echo Community Health Care IN$10.6M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 350965639 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.