Plan Ledger DOL Form 5500 · updated monthly

Putnam County Comprehensive Services Inc.403(b)

PUTNAM COUNTY COMPREHENSIVE SERVICES INC. 403(B) PLAN · GREENCASTLE, IN · plan year 2023

Reported admin expense ratio · 2023
0.58%

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

Putnam County Comprehensive Services Inc. reported $6,830 in plan administrative expenses for 2023: 0.58% of average plan assets, above the peer median. Employer contributions averaged $20 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 1 year on file its reported administrative ratio fell from 0.66% to 0.58%. 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 (1,475th of 1,562), and 10,698th of 11,911 in health care & social assistance. In 2023, employees put in $9.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,230,744
Participants with balances96
Active participants454
Employer contributions$9,272
Employee contributions$86,937
Employer contribution per active participant$20
Average account balance$12,820
Benefits paid to participants$121,303
Plan auditDisclaimer of opinion
AuditorHORIZON CPA SERVICES
Plan history2
Yearassets · accounts · employer contribution
2023$1.2M · 96 accts · $9K emplr
2022$1.1M · 102 accts · $9K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$6,773
Total administrative$6,830
Employer contributions to the Putnam County Comprehensive Services Inc. plan · 2023
Employer contribution per active participant$20
Median for plans this size$1,308
2023$20 per active participant
2022$20 per active participant

Putnam County Comprehensive Services Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Participant communication$40
SHEPHERD FINANCIAL INV · Investment advisory (participants) · Investment advisory (plan)$6,484

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

Administrative cost history2
2023$6,830 · 0.58%
2022$7,101 · 0.66%
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 351299026 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.