Plan Ledger DOL Form 5500 · updated monthly

Paras Harshawat, MD401(k)

HARSHA BEHAVIORAL CENTER 401(K) PLAN · TERRE HAUTE, IN · plan year 2023

Reported admin expense ratio · 2023
0.59%

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

Paras Harshawat, MD reported $19,338 in plan administrative expenses for 2023: 0.59% of average plan assets, above the peer median. Employer contributions averaged $748 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 0.81% to 0.66%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Indiana (1,279th of 1,562), and 8,807th of 11,911 in health care & social assistance. In 2023, employees put in $1.66 for every $1.00 the employer contributed; active participation has shrunk from 332 to 223 since 2022.

Plan summary
Net assets, end of year$3,637,653
Participants with balances144
Active participants223
Employer contributions$166,858
Employee contributions$276,954
Employer contribution per active participant$748
Average account balance$25,261
Benefits paid to participants$182,032
Plan auditDisclaimer of opinion
AuditorLONG & ASSOCIATES P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$2.7M · 158 accts · $203K emplr
2023$3.6M · 144 accts · $167K emplr
2022$2.9M · 130 accts · $143K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$19,338
Total administrative$19,338
The Paras Harshawat, MD 401(k) match · 2023
Employer contribution per active participant$748
Median for plans this size$1,308
2024$1,390 per active participant
2023$748 per active participant
2022$432 per active participant

Paras Harshawat, MD's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
THE ROSE FINANCIAL GROUP LLC · Recordkeeping$3,863
LINCOLN FINANCIAL GROUP · Contract administrator$15,475

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

Recordkeeper by year2
2024THE ROSE FINANCIAL GROUP LLC
2023THE ROSE FINANCIAL GROUP LLC

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

Administrative cost history3
2024$20,948 · 0.66%
2023$19,338 · 0.59%
2022$25,069 · 0.81%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 261091197 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.