Plan Ledger DOL Form 5500 · updated monthly

Windrose Health Network Inc.401(k)

WINDROSE HEALTH NETWORK INC. 401(K) PLAN · GREENWOOD, IN · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Windrose Health Network Inc. reported $53,872 in plan administrative expenses for 2024: 0.60% of average plan assets, above the peer median. Employer contributions averaged $2,457 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 3 years on file its reported administrative ratio has held roughly steady near 0.60%. 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 (913th of 1,562), and the 5,912th of 11,911 in health care & social assistance. In 2024, employees put in $1.77 for every $1.00 the employer contributed; active participation has grown from 137 to 152 since 2022.

Plan summary
Net assets, end of year$9,378,303
Participants with balances181
Active participants152
Employer contributions$373,460
Employee contributions$661,009
Employer contribution per active participant$2,457
Average account balance$51,814
Benefits paid to participants$1,356,550
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.4M · 181 accts · $373K emplr
2023$8.4M · 181 accts · $360K emplr
2022$6.3M · 169 accts · $307K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,872
Total administrative$53,872
The Windrose Health Network Inc. 401(k) match · 2024
Employer contribution per active participant$2,457
Median for plans this size$1,313
2024$2,457 per active participant
2023$2,447 per active participant
2022$2,244 per active participant

Windrose Health Network Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$53,872
LPL FINANCIAL LLC - RPCP · 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$53,872 · 0.60%
2023$47,367 · 0.64%
2022$38,258 · 0.59%
Similar plansHealth Care & Social Assistance · Indiana
Midamerica Health, Inc. IN$9.4M · 0.83%
Purpose Home Health IN$9.4M · 0.99%
Tx Team Rehab Inc. IN$9.3M · 0.93%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352001054 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.