Retirement plan

GLEANERS FOOD BANK OF INDIANA, INC. RETIREMENT SAVINGS PLAN

Name: GLEANERS FOOD BANK OF INDIANA, INC. - GLEANERS FOOD BANK OF INDIANA, INC. RETIREMENT SAVINGS PLAN (2025) Form 5500
Creator: GLEANERS FOOD BANK OF INDIANA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GLEANERS FOOD BANK OF INDIANA, INC. RETIREMENT SAVINGS PLAN, GLEANERS FOOD BANK OF INDIANA, INC.

GLEANERS FOOD BANK OF INDIANA, INC.EIN 35-1483868Plan #002PY 2025

3737 WALDEMERE AVE - INDIANAPOLIS, IN 462417234317-925-0191gleaners.orgLinkedIn51-200 employeesnon-profit organization management

Prospect flagsHigh feesRecently reached 100 employees

How to read this page

Total assets (EOY)

$5.5M

+49.9% from 2024

Total participants

143

+8.3% from 2024

Average account balance

$51,304

+33.1% from 2024

Annual return

26.79%

+7.43 pp from 2024

Benchmarks

See 1,431 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort1,431 peers

Snapshot2025

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$5.49M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$51K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

107

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

83.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.06M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+26.79%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$2267

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2F2G2L2M2T3D

Plan features

2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$243K

$1895 / participant

Other / not subdivided$243K100.0%

% of EOY assets

4.419%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$51,304

$43,496+18.0%

$161,489-68.2%

$64,340-20.3%

Participation rate

71.9%

53.5%+18.3pp

78.7%-6.8pp

55.2%+16.6pp

Annual return

26.79%

20.76%+6.0pp

89.72%-62.9pp

24.14%+2.7pp

Employer contribution / active EE

$2,496

$1,431+74.5%

$4,268-41.5%

$1,862+34.1%

Participant deferral / active EE

$5,810

$1,996+191.1%

$5,630+3.2%

$2,980+95.0%

Admin fee / account holder

$2,267

$2,330-2.7%

$16,006-85.8%

$3,703-38.8%

GLEANERS FOOD BANK OF INDIANA, INC. RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GLEANERS FOOD BANK OF INDIANA, INC. RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion