Plan Ledger DOL Form 5500 · updated monthly

Peoplelink, LLC401(k)

PEOPLELINK, LLC 401(K) PLAN · SOUTH BEND, IN · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Peoplelink, LLC reported $81,912 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $483 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 rose from 0.48% to 0.52%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 656th-largest of 1,562 plans among Indiana employers on file, and the 711th of 2,534 in administrative & support services. In 2024, employees put in $2.29 for every $1.00 the employer contributed; active participation has shrunk from 3,219 to 1,280 since 2022.

Plan summary
Net assets, end of year$16,728,704
Participants with balances378
Active participants1,280
Employer contributions$617,795
Employee contributions$1,413,207
Employer contribution per active participant$483
Average account balance$44,256
Benefits paid to participants$2,564,540
Plan auditUnmodified (clean) audit opinion
AuditorINTERNATIONAL ATTEST SOLUTIONS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$16.7M · 378 accts · $618K emplr
2023$15.0M · 391 accts · $543K emplr
2022$14.0M · 393 accts · $550K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,286
Investment management$45,626
Total administrative$81,912
The Peoplelink, LLC 401(k) match · 2024
Employer contribution per active participant$483
Median for plans this size$2,416
2024$483 per active participant
2023$211 per active participant
2022$171 per active participant

Peoplelink, LLC'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 · 20244
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$20,886
WELLTH ADVISORY SERVICES LLC · Investment advisory (plan)$15,345
EMPOWER ADVISORY GROUP, LLC · Investment management$9,395

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

Administrative cost history3
2024$81,912 · 0.52%
2023$74,449 · 0.51%
2022$73,045 · 0.48%
Same employer
Similar plansAdministrative & Support Services · Indiana
Managepoint IN$18.6M · 0.91%
Surack Enterprises Corp IN$10.9M · 0.98%
Briljent, LLC IN$8.8M · 0.52%
Merrell Bros., Inc. IN$8.5M · 0.90%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352154753 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.