Plan Ledger DOL Form 5500 · updated monthly

The Center for Hospice and Palliative Care, Inc.403(b)

RETIREMENT PLAN FOR THE CENTER FOR HOSPICE AND · MISHAWAKA, IN · plan year 2023

Reported admin expense ratio · 2023
0.82%

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

The Center for Hospice and Palliative Care, Inc. reported $70,584 in plan administrative expenses for 2023: 0.82% of average plan assets, higher than ~75% of peers. Employer contributions averaged $557 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 0.73% to 0.89%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Indiana (936th of 1,562), and 6,069th of 11,911 in health care & social assistance. In 2023, employees put in $4.33 for every $1.00 the employer contributed; active participation has grown from 107 to 177 since 2022.

Plan summary
Net assets, end of year$8,984,677
Participants with balances178
Active participants177
Employer contributions$98,644
Employee contributions$427,378
Employer contribution per active participant$557
Average account balance$50,476
Benefits paid to participants$1,193,184
Plan auditDisclaimer of opinion
AuditorKRUGGEL LAWTON AND COMPANY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$6.8M · 168 accts · $115K emplr
2023$9.0M · 178 accts · $99K emplr
2022$8.2M · 124 accts · $108K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$70,584
Total administrative$70,584
Employer contributions to the The Center for Hospice and Palliative Care, Inc. plan · 2023
Employer contribution per active participant$557
Median for plans this size$1,308
2024$426 per active participant
2023$557 per active participant
2022$1,013 per active participant

The Center for Hospice and Palliative Care, Inc.'s 2023 employer contribution ran below the $1,308 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.

What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20235
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$76,442
ASCENSUS · Contract administrator · Other services$2,325
ROYAL ALLIANCE ASSOCIATES, INC. · Investment advisory (plan)indirect comp
WILSHIRE ASSOCIATES INCORPORATED · Investment advisory (plan)indirect comp
AXA EQUITABLE LIFE INSURANCE CO · Trustee (directed) · Investment managementindirect comp

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

Administrative cost history3
2024$70,656 · 0.89%
2023$70,584 · 0.82%
2022$66,239 · 0.73%
Similar plansHealth Care & Social Assistance · Indiana
Tx Team Rehab Inc. IN$9.3M · 0.93%
Lasting Change, Inc. IN$8.5M · 0.92%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310952866 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.