Plan Ledger DOL Form 5500 · updated monthly

Medpro Group401(k)

MEDPRO GROUP 401(K) & PROFIT SHARING PLAN · FORT WAYNE, IN · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Medpro Group reported $185,832 in plan administrative expenses for 2024: 0.05% of average plan assets, below the peer median. Employer contributions averaged $10,605 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 0.04% to 0.05%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other finance & insurance employers. By assets it is the 46th-largest of 1,562 plans among Indiana employers on file, and the 382nd of 4,798 in finance & insurance. In 2024, the employer put in $1.06 for every $1.00 employees contributed themselves; active participation has grown from 1,150 to 1,276 since 2022.

Plan summary
Net assets, end of year$369,423,544
Participants with balances1,582
Active participants1,276
Employer contributions$13,531,867
Employee contributions$12,813,219
Employer contribution per active participant$10,605
Average account balance$233,517
Benefits paid to participants$20,385,809
Plan auditUnmodified (clean) audit opinion
AuditorBADEN, GAGE AND SCHROEDER, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$369.4M · 1,582 accts · $13.5M emplr
2023$309.4M · 1,524 accts · $12.2M emplr
2022$242.8M · 1,397 accts · $10.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$108,343
Investment management$77,489
Total administrative$185,832
The Medpro Group 401(k) match · 2024
Employer contribution per active participant$10,605
Median for plans this size$4,294
2024$10,605 per active participant
2023$9,427 per active participant
2022$9,158 per active participant

Medpro Group's 2024 employer contribution ran above the $4,294 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
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$77,489
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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$185,832 · 0.05%
2023$201,203 · 0.07%
2022$95,534 · 0.04%
Same employer
Similar plansFinance & Insurance · Indiana
The Hometown Savings Bank IN$1.0B · 0.00%
Cno Services, LLC IN$597.0M · 0.12%
First Merchants Corporation IN$299.7M · 0.06%
Centier Bank IN$256.4M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351620927 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.