Plan Ledger DOL Form 5500 · updated monthly

Whites Residential Family and Services403(b)

WHITES RESIDENTIAL AND FAMILY SERVICES TAX DEFERRED ANNUITY PLAN · WABASH, IN · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Whites Residential Family and Services reported $29,884 in plan administrative expenses for 2024: 0.29% of average plan assets, above the peer median. Employer contributions averaged $842 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 fell from 0.40% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Indiana (875th of 1,562), and the 5,555th of 11,911 in health care & social assistance. In 2024, employees put in $2.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,510,824
Participants with balances305
Active participants295
Employer contributions$248,296
Employee contributions$590,196
Employer contribution per active participant$842
Average account balance$34,462
Benefits paid to participants$1,527,940
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.5M · 305 accts · $248K emplr
2023$9.8M · 302 accts · $180K emplr
2022$8.6M · 303 accts · $178K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,884
Total administrative$29,884
Employer contributions to the Whites Residential Family and Services plan · 2024
Employer contribution per active participant$842
Median for plans this size$2,416
2024$842 per active participant
2023$613 per active participant
2022$626 per active participant

Whites Residential Family and Services's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
MORGAN STANLEY · Investment advisory (plan)$17,152
NATIONAL BENEFIT SERVICES, LLC · Contract administrator$2,975
EMPOWER ADVISORY GROUP, LLC · Investment management$698

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$29,884 · 0.29%
2023$30,155 · 0.33%
2022$37,066 · 0.40%
Same employer
Similar plansHealth Care & Social Assistance · Indiana
Echo Community Health Care IN$10.6M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 350883520 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.