Plan Ledger DOL Form 5500 · updated monthly

Servant HR, Inc.401(k)

SERVANT HR 401(K) RETIREMENT PLAN · FISHERS, IN · plan year 2024

Reported admin expense ratio · 2024
0.91%

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

Servant HR, Inc. reported $201,847 in plan administrative expenses for 2024: 0.91% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,788 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 0.81% to 0.91%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 484th-largest of 1,562 plans among Indiana employers on file, and the 4,763rd of 11,654 in professional & technical services. In 2024, employees put in $2.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,961,654
Participants with balances538
Active participants527
Employer contributions$942,387
Employee contributions$2,354,188
Employer contribution per active participant$1,788
Average account balance$46,397
Benefits paid to participants$1,449,253
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$25.0M · 538 accts · $942K emplr
2023$19.3M · 457 accts · $800K emplr
2022$16.1M · 445 accts · $757K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$191,710
Total administrative$201,847
The Servant HR, Inc. 401(k) match · 2024
Employer contribution per active participant$1,788
Median for plans this size$2,416
2024$1,788 per active participant
2023$1,498 per active participant
2022$1,455 per active participant

Servant HR, Inc.'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 · 20242
SLAVIC INTEGRATED ADMINISTRATION · Recordkeeping · Loan processing$154,647
SLAVIC MUTUAL FUND MANAGEMENT CORP · Investment management$37,063

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

Recordkeeper by year2
2024Slavic401k
2023Slavic401k

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

Administrative cost history3
2024$201,847 · 0.91%
2023$153,960 · 0.87%
2022$138,364 · 0.81%
Same employer
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Walker Information, Inc. IN$30.1M · 0.15%
Lhp, Inc IN$26.3M · 0.06%
Capin Crouse LLP IN$26.2M · 0.18%
Schmidt Associates Inc. IN$26.2M · 0.39%
Tri Star Engineering Inc. IN$22.8M · 0.02%
Gyansys, Inc. IN$22.3M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 300190462 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.