Plan Ledger DOL Form 5500 · updated monthly

Scopelitis Garvin Light Hanson & Feary P.C.401(k)

SCOPELITIS GARVIN LIGHT HANSON & FEARY 401K BENEFIT PLAN · INDIANAPOLIS, IN · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Scopelitis Garvin Light Hanson & Feary P.C. reported $43,832 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $2,898 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 0.07%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 210th-largest of 1,562 plans among Indiana employers on file, and the 2,037th of 11,654 in professional & technical services. In 2024, employees put in $5.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$71,225,103
Participants with balances194
Active participants151
Employer contributions$437,652
Employee contributions$2,439,881
Employer contribution per active participant$2,898
Average account balance$367,140
Benefits paid to participants$1,224,900
Plan auditUnmodified (clean) audit opinion
AuditorBARNES, DENNIG & CO., LTD.
Plan history3
Yearassets · accounts · employer contribution
2024$71.2M · 194 accts · $438K emplr
2023$61.2M · 188 accts · $418K emplr
2022$50.6M · 170 accts · $383K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,763
Investment management$32,069
Total administrative$43,832
The Scopelitis Garvin Light Hanson & Feary P.C. 401(k) match · 2024
Employer contribution per active participant$2,898
Median for plans this size$3,635
2024$2,898 per active participant
2023$2,733 per active participant
2022$2,696 per active participant

Scopelitis Garvin Light Hanson & Feary P.C.'s 2024 employer contribution ran below the $3,635 median for plans its size. 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 · 20243
USI CONSULTING GROUP · Recordkeeping · Loan processing$11,763
AXIA ADVISORY CORP · Consulting · Investment advisory (participants)$24,244
MATRIX TRUST CO · Trustee$7,825

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

Recordkeeper by year2
2024USI Consulting
2023USI Consulting

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$43,832 · 0.07%
2023$36,174 · 0.06%
2022$33,570 · 0.06%
Same employer
Similar plansProfessional & Technical Services · Indiana
Human Capital Concepts, LLC IN$94.7M · 0.56%
Ontario Systems, LLC IN$72.1M · 0.18%
Tangoe US, Inc. IN$66.8M · 0.22%
Energy Systems Group, LLC IN$62.6M · 0.23%
Everence Services, LLC IN$61.4M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351487550 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.