Plan Ledger DOL Form 5500 · updated monthly

Visiting Nurse & Hospice Home403(b)

VISITING NURSE & HOSPICE HOME RETIREMENT PLAN · FORT WAYNE, IN · plan year 2024

Reported admin expense ratio · 2024
1.32%

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

Visiting Nurse & Hospice Home reported $78,578 in plan administrative expenses for 2024: 1.32% of average plan assets, higher than ~90% of peers. Employer contributions averaged $997 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 1.20% to 1.32%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Indiana (1,081st of 1,562), and 7,116th of 11,911 in health care & social assistance. In 2024, employees put in $3.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,464,766
Participants with balances206
Active participants172
Employer contributions$171,414
Employee contributions$522,788
Employer contribution per active participant$997
Average account balance$31,382
Benefits paid to participants$491,304
Plan auditUnmodified (clean) audit opinion
AuditorDONOVAN P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$6.5M · 206 accts · $171K emplr
2023$5.4M · 187 accts · $65K emplr
2022$4.8M · 189 accts · $128K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$51,398
Investment management$27,180
Total administrative$78,578
Employer contributions to the Visiting Nurse & Hospice Home plan · 2024
Employer contribution per active participant$997
Median for plans this size$1,313
2024$997 per active participant
2023$398 per active participant
2022$752 per active participant

Visiting Nurse & Hospice Home's 2024 employer contribution ran below the $1,313 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
LINCOLN NATIONAL CORPORATION · Contract administrator$51,398
SYM FINANCIAL ADVISORS · Consulting$27,180

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$78,578 · 1.32%
2023$63,117 · 1.24%
2022$60,581 · 1.20%
Same employer
Similar plansHealth Care & Social Assistance · Indiana
Rbr Alliance, Inc. IN$6.6M · 0.88%
Gibault Inc IN$6.2M · 0.10%
Boling Vision Center, LLC IN$6.0M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351687026 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.