Plan Ledger DOL Form 5500 · updated monthly

Retirement Living, Inc. dba Marquette Manor403(b)

RETIREMENT LIVING, INC. DBA MARQUETTE 403(B) PLAN · INDIANAPOLIS, IN · plan year 2023

Reported admin expense ratio · 2023
0.31%

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

Retirement Living, Inc. dba Marquette Manor reported $11,417 in plan administrative expenses for 2023: 0.31% of average plan assets, below the peer median. Employer contributions averaged $300 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 0.29% to 0.35%. 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 (1,274th of 1,562), and 8,761st of 11,911 in health care & social assistance. In 2023, employees put in $2.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,704,072
Participants with balances149
Active participants275
Employer contributions$82,439
Employee contributions$198,401
Employer contribution per active participant$300
Average account balance$24,860
Benefits paid to participants$504,989
Plan auditUnmodified (clean) audit opinion
AuditorCROWE
Plan history3
Yearassets · accounts · employer contribution
2024$3.7M · 153 accts · $94K emplr
2023$3.7M · 149 accts · $82K emplr
2022$3.6M · 158 accts · $92K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$11,417
Total administrative$11,417
Employer contributions to the Retirement Living, Inc. dba Marquette Manor plan · 2023
Employer contribution per active participant$300
Median for plans this size$1,308
2024$318 per active participant
2023$300 per active participant
2022$362 per active participant

Retirement Living, Inc. dba Marquette Manor'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 · 20233
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$8,664
LINCOLN NATIONAL CORPORATION · Contract administrator$403
EQUITABLE FINANCIAL LIFE INSURANCE · Loan processing · Investment managementindirect comp

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$13,015 · 0.35%
2023$11,417 · 0.31%
2022$11,239 · 0.29%
Same employer
Similar plansHealth Care & Social Assistance · Indiana
K1DS Count Therapy, LLC IN$3.7M · 0.55%
Paras Harshawat, MD IN$3.6M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351393773 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.