Plan Ledger DOL Form 5500 · updated monthly

Westminster Village North403(b)

WESTMINSTER VILLAGE NORTH INC. 403B SAVINGS PLAN · INDIANAPOLIS, IN · plan year 2022

Reported admin expense ratio · 2022
0.32%

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

Westminster Village North reported $11,958 in plan administrative expenses for 2022: 0.32% of average plan assets, below the peer median. Employer contributions averaged $269 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 1 year on file its reported administrative ratio rose from 0.32% to 0.34%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Indiana (1,247th of 1,562), and 8,565th of 11,911 in health care & social assistance. In 2022, employees put in $3.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,988,272
Participants with balances503
Active participants471
Employer contributions$126,646
Employee contributions$391,309
Employer contribution per active participant$269
Average account balance$7,929
Benefits paid to participants$549,647
Plan auditUnmodified (clean) audit opinion
AuditorBLUE AND COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $39K emplr
2023$4.0M · 589 accts · $144K emplr
2022$4.0M · 503 accts · $127K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$2,264
Investment management$9,694
Total administrative$11,958
Employer contributions to the Westminster Village North plan · 2022
Employer contribution per active participant$269
Median for plans this size$1,114
2023$302 per active participant
2022$269 per active participant

Westminster Village North's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024Not separately reported
2023$13,640 · 0.34%
2022$11,958 · 0.32%
Same employer
Similar plansHealth Care & Social Assistance · Indiana
Hopewell Center, Inc. IN$4.2M · 0.53%
Wabash Center, Inc. IN$4.2M · 0.48%
Suburban Home Health IN$4.1M · 0.84%
Tradewinds Services, Inc. IN$4.1M · 0.59%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 311209757 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.