Pennsylvania › Health care and social assistance › 1,000 to 4,999 participants
Form 5500 statement · plan year 1 Jul 2024 to 30 Jun 2025
Retirement Plan for Employees of Indiana Regional Medical Center
Sponsored by Indiana Regional Medical Center, Indiana, PA
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
Indiana Regional Medical Center of Indiana, Pennsylvania sponsors Retirement Plan for Employees of Indiana Regional Medical Center, a defined benefit pension plan. Its Form 5500 for the plan year ending 30 Jun 2025 shows 1,196 participants (362 active) and $77.9M in net assets.
Net assets came to $65,101 per participant, well below the $87,935 median for defined benefit plans with 1,000 to 4,999 participants and close to the $62,049 median for defined benefit plans in health care and social assistance. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
Employer contributions were $2.1M for the year ($5,720 per active participant) and benefits paid were $9.3M. In a defined benefit plan the employer's contribution follows funding rules rather than a match formula, so it can swing widely from year to year.
Schedule C lists 2 service provider organisations paid $5,000 or more, with reported compensation of $126K: $106 per participant, well below the same-size median of $325. Administrative expenses charged to the plan were $872K. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $42.4M in 2009 to $77.9M in 2024 (up 84%), and participants from 1,712 to 1,196 (down 30%).
The independent accountant's opinion on the financial statements was disclaimer, from an audit whose scope was limited under ERISA section 103(a)(3)(C) to exclude investment information certified by a bank or insurer.
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DB plans |
|---|---|---|---|---|
| Net assets per participant | $65,101 | $87,935 | $62,049 | $86,221 |
| Employer contributions per active participant | $5,720 | $10,593 | $7,491 | $10,244 |
| Schedule C compensation per participant | $106 | $325 | $248 | $344 |
| Schedule C compensation, share of net assets | 0.16% | 0.41% | 0.39% | 0.42% |
| Administrative expenses per participant | $729 | $513 | $427 | $527 |
Peer columns are medians for plan year 2024 across defined benefit plans with 100 or more participants: 1,000 to 4,999 participants (1,540 plans), health care and social assistance (542) and all US plans (5,308). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 1,196 | $77.9M | $65,100 | $2.1M | — | $126K |
| 2023 | 1,340 | $77.3M | $57,689 | $1.8M | — | $194K |
| 2022 | 1,360 | $71.9M | $52,840 | $1.6M | — | $121K |
| 2021 | 1,379 | $70.6M | $51,226 | $1.2M | — | $168K |
| 2020 | 1,389 | $83.4M | $60,058 | $2.6M | — | $159K |
| 2019 | 1,403 | $68.7M | $48,940 | $1.4M | — | $149K |
| 2018 | 1,429 | $72.1M | $50,435 | $1.8M | — | $143K |
| 2017 | 1,442 | $72.3M | $50,123 | $2.1M | — | $143K |
| 2016 | 1,453 | $68.0M | $46,818 | $1.4M | — | $137K |
| 2015 | 1,627 | $63.4M | $38,968 | $1.6M | — | $128K |
| 2014 | 1,644 | $67.2M | $40,861 | $2.2M | — | $133K |
| 2013 | 1,661 | $66.4M | $39,993 | $2.9M | — | $153K |
| 2012 | 1,692 | $55.7M | $32,939 | $2.6M | — | $122K |
| 2011 | 1,738 | $50.1M | $28,820 | $4.1M | — | $147K |
| 2010 | 1,744 | $50.0M | $28,679 | $3.0M | — | $105K |
| 2009 | 1,712 | $42.4M | $24,782 | $4.5M | — | $100K |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$77,302,978
- Employer contributions$2,070,492
- Participant contributions—
- Rollovers and other contributions—
- Total contributions$2,070,492
- Total income, including investment results$10,732,425
- Benefits paid$9,303,208
- Administrative expenses$871,728
- Total expenses$10,174,936
- Net income$557,489
- Net transfers$0
- Net assets, end of year$77,860,467
Participants
- Active participants362
- Retired or separated, receiving benefits628
- Retired or separated, entitled to future benefits169
- Total participants, end of year1,196
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| PNC Bank | Trustee (bank, trust company, or similar financial institution) | $79,240 | $0 |
| Wharton Business Group | Investment advisory (plan) | $46,980 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Other administrative expenses$745,508
- Trustee and custodial fees$79,240
- Investment advisory and management fees$46,980
- Total administrative expenses$871,728
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Registered investment companies (mutual funds)$73.8M · 94.7%
- Corporate stocks$2.6M · 3.3%
- Receivables$840K · 1.1%
- Cash (interest and non-interest bearing)$673K · 0.9%
- U.S. Government securities$2 · 0.0%
Audit and compliance answers, as filed
- Accountant's opinionDisclaimer
- Audit scope limited under ERISA section 103(a)(3)(C)Yes
- Accounting firmCGN CPA PLLC
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $1,000,000
- Blackout period during the year—
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
1ABenefits are primarily pay related1IFrozen plan
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 622000: Hospitals.
Other plans of Indiana Regional Medical Center
| Plan | Participants | Net assets |
|---|---|---|
| Select Security Retirement Option of Indiana Hospital | 1,774 | $136M |
Similar plans in Pennsylvania
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Grand View Hospital Retirement Income Plan | Grand View Hospital | 1,398 | $69.8M | $49,895 |
| Excela Health Pension Plan | Excela Health | 1,181 | $24.2M | $20,484 |
| Defined Benefit Pension Plan for the Employees of Excela Health | Excela Health | 1,421 | $120M | $84,629 |
| Pension Equity Plan of Doylestown Hospital | Doylestown Hospital | 1,047 | $43.9M | $41,905 |
| Pension Plan for Employees of Mount Nittany Medical Center | Mount Nittany Medical Center | 1,917 | $188M | $98,118 |
| Retirement Plan for Employees of Meadville Medical Center | Meadville Medical Center | 1,031 | $71.7M | $69,510 |
Defined benefit plans in health care and social assistance closest in size.
Questions and answers
How big is Retirement Plan for Employees of Indiana Regional Medical Center?
1,196 participants at the end of the plan year ending 30 Jun 2025, of whom 362 were active employees, with net assets of $77,860,467. Among defined benefit plans that places it in the 1,000 to 4,999 participants band, which held 1,540 plans in plan year 2024.
What does Indiana Regional Medical Center contribute per participant?
The filing reports $2,070,492 in employer contributions for the year, which is $5,720 per active participant; the median for plans of the same type and size was $10,593 in plan year 2024. Form 5500 reports the total only. It does not state the match formula, and the per-participant figure is an average, not any one person's contribution.
What fees does the plan pay and how do they compare?
Schedule C reports $126,220 in compensation to service provider organisations, $106 per participant or 0.16% of net assets. The same-size median among plans reporting any Schedule C compensation was $325 per participant. Administrative expenses on Schedule H were $871,728. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Indiana Regional Medical Center. Investment advisory or management: Wharton Business Group. Trustee or custodian: PNC Bank. The financial statements were audited by CGN CPA PLLC. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an disclaimer opinion from a limited-scope audit, in which the accountant did not audit investment information certified by a bank or insurance company. A disclaimer of opinion was the usual result of a limited-scope audit under the rules in force before 2021 and is not by itself a finding about the plan.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jul 2024 to 30 Jun 2025, received by the Department of Labor on 15 Apr 2026. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 25-0965404, plan 001, received 15 Apr 2026; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.