Plan Snapshot
- Plan Sponsor: The Villages Of Indiana INC.
- Sponsor EIN: 351708240
- Sponsor Address: 2405 NORTH SMITH PIKE, BLOOMINGTON, IN, 47404
- Plan Type: 401(k)
- Total Participants: 313
- Total Assets: $9.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- 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 | 313 | $9.7M | $651,068 | $774,532 |
| 2023 | 309 | $7.9M | $542,521 | $668,953 |
| 2022 | 195 | $4.5M | $186,621 | $0 |
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 |
|---|---|---|---|---|
| AMERICAN UNITED LIFE INSURANCE CO | Other Service Provider | $1,973 | $35,286 | $37,259 |
| MJ RETIREMENT | Other Service Provider | $23,193 | — | $23,193 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $60,452
- Estimated Expense Ratio: 0.622% 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 | $32,216 | $23,193 | $9,023 | — | — |
| 2023 | $3,984 | $3,656 | $328 | — | — |
| 2022 | — | — | — | — | — |