Plan Snapshot
- Plan Sponsor: New Hope Of Indiana, INC.
- Sponsor EIN: 351733591
- Sponsor Address: 8450 N PAYNE ROAD, INDIANAPOLIS, IN, 46268
- Plan Type: DC
- Total Participants: 371
- Total Assets: $13.3M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 371 | $13.3M | $346,768 | $1.1M |
| 2023 | 340 | $11.4M | $335,617 | $1.0M |
| 2022 | 357 | $9.2M | $325,268 | $952,010 |
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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS | RECORD KEEPER | $24,595 | — | $24,595 |
| BRADLEY ASSOCIATES INC | AUDITOR | $24,000 | — | $24,000 |
| BLUE & CO., LLC | Auditor | $24,000 | — | $24,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS — RECORD KEEPER
- BLUE & CO., LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $72,595
- Estimated Expense Ratio: 0.544% 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 | $50,220 | $1,625 | — | $24,000 | — |
| 2023 | $43,265 | — | — | $21,500 | — |
| 2022 | $20,174 | — | — | — | — |