Plan Ledger DOL Form 5500 · updated monthly

Progressivehealth Rehabilitation, Inc401(k)

PROGRESSIVEHEALTH 401(K) PLAN · EVANSVILLE, IN · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Progressivehealth Rehabilitation, Inc reported $64,187 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $1,065 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 0.06% to 0.20%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 385th-largest of 1,562 plans among Indiana employers on file, and the 2,486th of 11,911 in health care & social assistance. In 2024, employees put in $3.87 for every $1.00 the employer contributed; active participation has shrunk from 786 to 682 since 2022.

Plan summary
Net assets, end of year$34,601,576
Participants with balances943
Active participants682
Employer contributions$726,233
Employee contributions$2,812,689
Employer contribution per active participant$1,065
Average account balance$36,693
Benefits paid to participants$1,802,448
Plan auditUnmodified (clean) audit opinion
AuditorKRUGGEL, LAWTON & CO, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$34.6M · 943 accts · $726K emplr
2023$28.2M · 996 accts · $637K emplr
2022$22.7M · 909 accts · $609K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$64,187
Total administrative$64,187
The Progressivehealth Rehabilitation, Inc 401(k) match · 2024
Employer contribution per active participant$1,065
Median for plans this size$2,416
2024$1,065 per active participant
2023$1,043 per active participant
2022$775 per active participant

Progressivehealth Rehabilitation, Inc'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 · 20246
TRANSAMERICA LIFE INSURANCE O · Recordkeeping · Loan processing$46,708
COMPENSATION SYSTEMS INC · Recordkeeping · Loan processing$40,945
GLOBAL RETIREMENT PARTNERS · Investment advisory (plan)$52,925
KRUGGEL LAWTON & CO · Accounting / audit$5,000
BEST MONEY MOVES LLC · Pension consulting$2,160
MML INVESTORS SERVICES · Insurance broker · Insurance servicesindirect comp

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

Recordkeeper by year2
2024COMPENSATION SYSTEMS INC, Transamerica
2023COMPENSATION SYSTEMS, INC., Transamerica

This plan has changed recordkeepers within these filings. If you left Progressivehealth Rehabilitation, Inc before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$64,187 · 0.20%
2023$48,468 · 0.19%
2022$15,575 · 0.06%
Similar plansHealth Care & Social Assistance · Indiana
Allied Physicians Inc. IN$33.0M · 0.06%
Healthnet, Inc. IN$32.9M · 0.75%
Valley Oaks Health, Inc. IN$31.9M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351907348 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.