Scan, Inc.403(b)
SCAN, INC. 403(B) TDA PLAN · FORT WAYNE, IN · plan year 2022
Scan, Inc.'s 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $3,349,561 across 126 participant accounts, with employer contributions averaging $456 per active participant. See methodology for what Form 5500 does and doesn't capture.
Across the 1 year on file its reported administrative ratio fell from 0.06% to 0.02%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Indiana (1,296th of 1,562), and 9,007th of 11,911 in health care & social assistance. In 2022, employees put in $1.75 for every $1.00 the employer contributed.
Scan, Inc.'s 2022 employer contribution ran below the $1,114 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.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 310899309 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.