Plan Snapshot
- Plan Sponsor: Aspire Indiana, INC.
- Sponsor EIN: 351341204
- Sponsor Address: 9615 E 148TH ST, NOBLESVILLE, IN, 460604360
- Plan Type: 403(b)
- Plan Number: 002
- Total Participants: 816
- Total Assets: $28.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 816 | $28.9M | $1.2M | $2.0M |
| 2023 | 706 | $27.3M | $884,287 | $1.6M |
| 2022 | 590 | $25.4M | $751,426 | $1.3M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $33,239 | — | $33,239 |
| AMERICAN UNITED LIFE INSURANCE CO | Recordkeeper | $5,940 | $10,066 | $16,006 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $49,245
- Estimated Expense Ratio: 0.170% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $37,679 | — | $37,679 | — | — |
| 2023 | $6,593 | — | $6,593 | — | — |
| 2022 | $5,296 | — | $5,296 | — | — |