Plan Ledger DOL Form 5500 · updated monthly

Open Door Health Services, Inc.401(k)

OPEN DOOR HEALTH SERVICES, INC. 401(K) PLAN & TRUST · MUNCIE, IN · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Open Door Health Services, Inc. reported $17,582 in plan administrative expenses for 2024: 0.20% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,315 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 0.67% to 0.20%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Indiana (920th of 1,562), and the 5,938th of 11,911 in health care & social assistance. In 2024, employees put in $2.55 for every $1.00 the employer contributed; active participation has shrunk from 239 to 205 since 2022.

Plan summary
Net assets, end of year$9,311,688
Participants with balances206
Active participants205
Employer contributions$269,639
Employee contributions$686,379
Employer contribution per active participant$1,315
Average account balance$45,202
Benefits paid to participants$1,186,977
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.3M · 206 accts · $270K emplr
2023$8.5M · 252 accts · $67K emplr
2022$7.1M · 240 accts · $490K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,636
Investment management$12,946
Total administrative$17,582
The Open Door Health Services, Inc. 401(k) match · 2024
Employer contribution per active participant$1,315
Median for plans this size$1,313
2024$1,315 per active participant
2023$290 per active participant
2022$2,049 per active participant

Open Door Health Services, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20243
NATIONWIDE · Contract administrator · Recordkeeping$24,004
RAYMOND JAMES & ASSOCIATES INC · Investment advisory (plan) · Securities brokerage$18,996
AMERICAN PENSION ADVISORS, LTD. · Other services$4,665

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

Recordkeeper by year2
2024Nationwide
2023Nationwide

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

Administrative cost history3
2024$17,582 · 0.20%
2023$31,801 · 0.41%
2022$42,438 · 0.67%
Same employer
Similar plansHealth Care & Social Assistance · Indiana
Midamerica Health, Inc. IN$9.4M · 0.83%
Purpose Home Health IN$9.4M · 0.99%
Tx Team Rehab Inc. IN$9.3M · 0.93%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352018494 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.