Plan Ledger DOL Form 5500 · updated monthly

Paradigm Living Concepts LLC401(k)

PARADIGM LIVING CONCEPTS LLC 401K PLAN · INDIANAPOLIS, IN · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Paradigm Living Concepts LLC reported $4,253 in plan administrative expenses for 2024: 0.40% of average plan assets, below the peer median. Employer contributions averaged $309 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 0.56% to 0.40%. 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 (1,473rd of 1,562), and 10,682nd of 11,911 in health care & social assistance. In 2024, employees put in $2.88 for every $1.00 the employer contributed; active participation has grown from 181 to 259 since 2022.

Plan summary
Net assets, end of year$1,246,939
Participants with balances96
Active participants259
Employer contributions$79,927
Employee contributions$230,198
Employer contribution per active participant$309
Average account balance$12,989
Benefits paid to participants$99,576
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.2M · 96 accts · $80K emplr
2023$891K · 91 accts
2022$549K · 111 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,253
Total administrative$4,253
The Paradigm Living Concepts LLC 401(k) match · 2024
Employer contribution per active participant$309
Median for plans this size$1,313

Paradigm Living Concepts LLC's 2024 employer contribution ran below the $1,313 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
FIRST MERCHANT PRIVATE WEALTH · Recordkeeping · Trustee$4,253

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

Recordkeeper by year2
2024FIRST MERCHANT PRIVATE WEALTH
2023FIRST MERCHANT PRIVATE WEALTH

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Administrative cost history3
2024$4,253 · 0.40%
2023$6,418 · 0.89%
2022$3,034 · 0.56%
Same employer
Similar plansHealth Care & Social Assistance · Indiana
Tangram Inc. IN$1.3M · 1.00%
Repucare, Inc. IN$1.3M · 1.23%
Lifedesigns, Inc. IN$1.2M · 1.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263314426 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.