Plan Ledger DOL Form 5500 · updated monthly

Westminster Village West Lafayette Incorporated401(k)

WESTMINSTER VILLAGE WEST LAFAYETTE INC. 401(K) PLAN · WEST LAFAYETTE, IN · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Westminster Village West Lafayette Incorporated reported $4,018 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $965 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 0.04% to 0.09%. 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 (1,206th of 1,562), and 8,177th of 11,911 in health care & social assistance. In 2024, employees put in $1.94 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,572,600
Participants with balances102
Active participants191
Employer contributions$184,253
Employee contributions$357,891
Employer contribution per active participant$965
Average account balance$44,829
Benefits paid to participants$697,773
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.6M · 102 accts · $184K emplr
2023$4.2M · 105 accts · $177K emplr
2022$3.5M · 107 accts · $170K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,370
Investment management$1,248
Total administrative$4,018
The Westminster Village West Lafayette Incorporated 401(k) match · 2024
Employer contribution per active participant$965
Median for plans this size$1,313
2024$965 per active participant
2023$760 per active participant
2022$837 per active participant

Westminster Village West Lafayette Incorporated'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
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants) · Investment advisory (plan)$2,611
MORNINGSTAR · Investment advisory (participants) · Investment advisory (plan)indirect 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$4,018 · 0.09%
2023$2,894 · 0.07%
2022$1,327 · 0.04%
Same employer
Similar plansHealth Care & Social Assistance · Indiana
Bierman Aba, Inc IN$4.7M · 0.26%
Pinnacle Healthcare, LLC IN$4.5M · 0.90%
Hopewell Center, Inc. IN$4.2M · 0.53%
Wabash Center, Inc. IN$4.2M · 0.48%
Suburban Home Health IN$4.1M · 0.84%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 311002846 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.