Plan Snapshot
- Plan Sponsor: Barnes & Thornburg LLP
- Sponsor EIN: 350900596
- Sponsor Address: 11 SOUTH MERIDIAN STREET, INDIANAPOLIS, IN, 46204
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 1,196
- Total Assets: $6.1M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,196 | $6.1M | $26.3M | $5.4M |
| 2023 | 1,177 | $5.1M | $25.5M | $4.9M |
| 2022 | 1,098 | $2.6M | $21.4M | $4.1M |
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 |
|---|---|---|---|---|
| ANTHEM INSURANCE COMPANIES, INC. | Other Service Provider | $948,560 | $1,911,669 | $2,860,229 |
| CHC WELLNESS | Other Service Provider | $93,228 | — | $93,228 |
| SHEPHERD INSURANCE | Other Service Provider | — | $77,611 | $77,611 |
| THE NYHART COMPANY, INC. | Other Service Provider | $19,980 | — | $19,980 |
| OLD NATIONAL TRUST COMPANY | Other Service Provider | $15,820 | — | $15,820 |
| BENEFIT PLAN CONSULTANTS | Other Service Provider | $9,852 | — | $9,852 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,076,720
- Estimated Expense Ratio: 50.664% 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 | $1,002,970 | — | $978,392 | — | — |
| 2023 | $1,086,433 | — | $970,776 | — | — |
| 2022 | $964,572 | — | $840,293 | — | — |