Plan Snapshot
- Plan Sponsor: Hand Surgery Associates Of Indiana, INC.
- Sponsor EIN: 351298203
- Sponsor Address: 8501 HARCOURT ROAD, INDIANAPOLIS, IN, 462602046
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 1
- Total Assets: $68,600
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 1 | $68,600 | $0 | $0 |
| 2024 | 108 | $26.1M | $667,017 | $800,303 |
| 2023 | 110 | $24.6M | $693,700 | $760,541 |
| 2022 | 109 | $20.4M | $623,976 | $690,694 |
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 |
|---|---|---|---|---|
| SCHWAB RETIREMENT PLAN SERVICES INC | Other Service Provider | $30,082 | — | $30,082 |
| MORGAN STANLEY DOMESTIC HOLDIN | Other Service Provider | $18,750 | — | $18,750 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $48,832
- Estimated Expense Ratio: 71.184% 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 |
|---|---|---|---|---|---|
| 2025 | $27,897,092 | $19,550 | — | — | — |
| 2024 | $80,837 | $26,239 | — | $17,000 | — |
| 2023 | $67,689 | $26,134 | $8,250 | — | — |
| 2022 | $74,315 | $24,592 | — | — | $15,660 |