Plan Ledger DOL Form 5500 · updated monthly

Seniorlink, Inc. D/B/A/ Careforth401(k)

CAREFORTH 401(K) PLAN · INDIANAPOLIS, IN · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Seniorlink, Inc. D/B/A/ Careforth reported $183,467 in plan administrative expenses for 2024: 0.45% of average plan assets, above the peer median. Employer contributions averaged $1,575 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 3 years on file its reported administrative ratio has held roughly steady near 0.45%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 321st-largest of 1,562 plans among Indiana employers on file, and the 574th of 2,199 in information & media. In 2024, employees put in $3.61 for every $1.00 the employer contributed; active participation has grown from 651 to 742 since 2022.

Plan summary
Net assets, end of year$44,073,016
Participants with balances990
Active participants742
Employer contributions$1,168,847
Employee contributions$4,221,542
Employer contribution per active participant$1,575
Average account balance$44,518
Benefits paid to participants$3,720,389
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$44.1M · 990 accts · $1.2M emplr
2023$37.3M · 968 accts · $1.1M emplr
2022$29.8M · 921 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$183,467
Total administrative$183,467
The Seniorlink, Inc. D/B/A/ Careforth 401(k) match · 2024
Employer contribution per active participant$1,575
Median for plans this size$2,416
2024$1,575 per active participant
2023$1,510 per active participant
2022$1,574 per active participant

Seniorlink, Inc. D/B/A/ Careforth's 2024 employer contribution ran below the $2,416 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 · 20245
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$144,395
COMPASS 360, LLC · Recordkeeping · Loan processing$14,820
THAYER PARTNERS LLC · Investment advisory (plan)$24,120
FORVIS MAZARS, LLP · Accounting / audit$21,366

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

Recordkeeper by year2
2024COMPASS 360, LLC, Transamerica
2023COMPASS 360, LLC, Transamerica

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

Administrative cost history3
2024$183,467 · 0.45%
2023$150,564 · 0.45%
2022$132,029 · 0.43%
Same employer
Similar plansInformation & Media · Indiana
Schurz Communications, Inc. IN$94.7M · 0.15%
Round Room Holdings, Inc. IN$51.3M · 0.40%
Sarkes Tarzian, Inc. IN$37.6M · 0.10%
Endeavor Communications IN$16.5M · 0.19%
Sdi Innovations, Inc. IN$15.6M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043520800 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.