Plan Ledger DOL Form 5500 · updated monthly

Michiana Hematology Oncology401(k)

MICHIANA HEMATOLOGY ONCOLOGY 401(K) PLAN · MISHAWAKA, IN · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Michiana Hematology Oncology reported $65,623 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $1,090 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 0.38%. 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 619th-largest of 1,562 plans among Indiana employers on file, and the 3,984th of 11,911 in health care & social assistance. In 2024, employees put in $4.41 for every $1.00 the employer contributed; active participation has shrunk from 173 to 113 since 2022.

Plan summary
Net assets, end of year$17,933,908
Participants with balances149
Active participants113
Employer contributions$123,150
Employee contributions$542,703
Employer contribution per active participant$1,090
Average account balance$120,362
Benefits paid to participants$1,917,871
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$17.9M · 149 accts · $123K emplr
2023$17.0M · 166 accts · $188K emplr
2022$15.1M · 191 accts · $209K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,517
Investment management$46,106
Total administrative$65,623
The Michiana Hematology Oncology 401(k) match · 2024
Employer contribution per active participant$1,090
Median for plans this size$2,416
2024$1,090 per active participant
2023$1,467 per active participant
2022$1,210 per active participant

Michiana Hematology Oncology'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 · 20243
HPM PARTNERS, LLC · Recordkeeping · Trustee$46,106
ADP, INC. · Loan processing · Recordkeeping$19,517
CHARLES SCHWAB & CO, INC. · Securities brokerage$1

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

Recordkeeper by year2
2024ADP, HPM PARTNERS, LLC
2023ADP, HPM PARTNERS, LLC

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

Administrative cost history3
2024$65,623 · 0.38%
2023$61,789 · 0.38%
2022$64,593 · 0.37%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 351686054 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.