Plan Ledger DOL Form 5500 · updated monthly

South Bend Clinic401(k)

SOUTH BEND CLINIC EMPLOYEES PROFIT SHARING PLAN AND TRUST · SOUTH BEND, IN · plan year 2022

Reported admin expense ratio · 2022
0.11%

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

South Bend Clinic reported $209,680 in plan administrative expenses for 2022: 0.11% of average plan assets, below the peer median. Employer contributions averaged $6,259 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.

The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 94th-largest of 1,562 plans among Indiana employers on file, and the 752nd of 11,911 in health care & social assistance. In 2022, the employer put in $1.91 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$160,787,681
Participants with balances1,010
Active participants994
Employer contributions$6,221,040
Employee contributions$3,261,315
Employer contribution per active participant$6,259
Average account balance$159,196
Benefits paid to participants$15,441,277
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$160.8M · 1,010 accts · $6.2M emplr
The South Bend Clinic 401(k) match · 2022
Employer contribution per active participant$6,259
Median for plans this size$3,449

South Bend Clinic's 2022 employer contribution ran above the $3,449 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$209,680 · 0.11%
Similar plansHealth Care & Social Assistance · Indiana
Union Hospital, Inc. IN$232.8M · 0.16%
Orthoindy IN$229.4M · 0.05%
Unity Healthcare, LLC IN$105.5M · 0.41%
Orthopaedics Northeast, PC IN$104.1M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 350670330 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.