Plan Ledger DOL Form 5500 · updated monthly

Paladin, Inc.401(k)

PALADIN, INC. 403(B) PLAN · MICHIGAN CITY, IN · plan year 2024

Reported admin expense ratio · 2024
3.88%

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

Paladin, Inc. reported $15,820 in plan administrative expenses for 2024: 3.88% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 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 6.06% to 3.88%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Indiana (1,525th of 1,562), and 11,360th of 11,911 in health care & social assistance. active participation has grown from 322 to 369 since 2022.

Plan summary
Net assets, end of year$498,641
Participants with balances240
Active participants369
Employer contributions$0
Employee contributions$168,239
Employer contribution per active participant$0
Average account balance$2,078
Benefits paid to participants$41,197
Plan auditUnmodified (clean) audit opinion
AuditorAPPLEGATE AND COMPANY, PC
Plan history3
Yearassets · accounts · employer contribution
2024$499K · 240 accts
2023$316K · 269 accts
2022$128K · 245 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,608
Investment management$212
Total administrative$15,820
The Paladin, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$540

Paladin, Inc.'s 2024 employer contribution ran below the $540 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 · 20242
MUTUAL OF AMERICA SEC. CORP LLC · Recordkeeping · Loan processing$5,817
WILSHIRE ASSOCIATES INC. · Named fiduciary$212

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$15,820 · 3.88%
2023$13,225 · 5.95%
2022$7,775 · 6.06%
Similar plansHealth Care & Social Assistance · Indiana
Assured Nursing, Inc. IN$646K · 0.96%
Community Ltc Inc. IN$606K · 0.37%
In-Pact, Inc. IN$471K · 1.09%
Apex Behavioral Services IN$295K · 0.68%
Sunrise Recovery LLC IN$217K · 1.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 356076798 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.