Indiana › Arts, entertainment and recreation › 100 to 249 participants
Form 5500 statement · plan year 1 Sep 2024 to 31 Aug 2025
Indianapolis Symphony Orchestra 403(b) Plan
Sponsored by Indiana Symphony Society, Inc., Indianapolis, IN
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.
Indianapolis Symphony Orchestra 403(b) Plan is a 403(b) plan sponsored by Indiana Symphony Society, Inc. of Indianapolis, Indiana. For the plan year ending 31 Aug 2025 it reported 199 participants, 152 of them active, and net assets of $15.6M.
Net assets came to $78,527 per participant, well above the $60,185 median for defined contribution plans with 100 to 249 participants and well above the $37,341 median for defined contribution plans in arts, entertainment and recreation. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
The employer contributed $423K during the year, or $2,783 per active participant against a same-size median of $2,447; participants contributed $801K. Benefits paid out totalled $1.1M.
Schedule C lists 5 service provider organisations paid $5,000 or more, with reported compensation of $111K: $556 per participant, well above the same-size median of $194. Administrative expenses charged to the plan were $85K. 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 $3.7M in 2009 to $15.6M in 2024 (up 325%), and participants from 172 to 199 (up 16%).
The independent accountant's opinion on the financial statements was unmodified (unqualified), 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 DC plans |
|---|---|---|---|---|
| Net assets per participant | $78,527 | $60,185 | $37,341 | $53,102 |
| Employer contributions per active participant | $2,783 | $2,447 | $1,567 | $2,175 |
| Schedule C compensation per participant | $556 | $194 | $89.78 | $123 |
| Schedule C compensation, share of net assets | 0.71% | 0.32% | 0.27% | 0.26% |
| Administrative expenses per participant | $427 | $176 | $83.28 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 100 to 249 participants (21,996 plans), arts, entertainment and recreation (1,025) and all US plans (63,460). 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 | 199 | $15.6M | $78,528 | $423K | $801K | $111K |
| 2023 | 191 | $13.9M | $72,707 | $386K | $776K | $84K |
| 2022 | 204 | $11.1M | $54,397 | $325K | $702K | $82K |
| 2021 | 179 | $10.6M | $59,369 | $257K | $632K | $70K |
| 2020 | 161 | $12.5M | $77,348 | $49K | $200K | $82K |
| 2019 | 190 | $12.0M | $63,037 | $221K | $580K | $100K |
| 2018 | 179 | $12.4M | $69,140 | $274K | $730K | $73K |
| 2017 | 175 | $12.0M | $68,377 | $219K | $768K | $97K |
| 2016 | 176 | $10.4M | $59,341 | $169K | $692K | $74K |
| 2015 | 181 | $8.8M | $48,392 | $140K | $660K | $79K |
| 2014 | 165 | $8.3M | $50,170 | $128K | $638K | $70K |
| 2013 | 167 | $8.0M | $47,647 | $99K | $621K | $49K |
| 2012 | 178 | $6.5M | $36,551 | $91K | $589K | $46K |
| 2011 | 189 | $6.1M | $32,280 | $129K | $766K | $46K |
| 2010 | 185 | $4.9M | $26,319 | $76K | $756K | $17K |
| 2009 | 172 | $3.7M | $21,390 | $73K | $758K | $3,000 |
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$13,887,347
- Employer contributions$422,980
- Participant contributions$800,827
- Rollovers and other contributions—
- Total contributions$1,223,807
- Total income, including investment results$2,899,627
- Benefits paid$1,075,132
- Administrative expenses$85,026
- Total expenses$1,160,158
- Net income$1,739,469
- Net transfers$0
- Net assets, end of year$15,626,816
Participants
- Active participants152
- Retired or separated, receiving benefits0
- Retired or separated, entitled to future benefits47
- Participants with account balances178
- Total participants, end of year199
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| North American Ktrade Alliance, LLC | Recordkeeping and information management | $37,606 | $0 |
| Oxford Financial Group, Ltd. | Investment advisory (participants); Investment advisory (plan); Investment management | $34,000 | $0 |
| Crowe, LLP | Accounting (including auditing) | $23,349 | $0 |
| Latitude Service Company, Inc. | Other services | $9,063 | $0 |
| Fidelity Personal Trust Company FSB | Custodial (other than securities) | $0 | $6,701 |
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
- Investment advisory and management fees$34,000
- IQPA audit fees$23,349
- Recordkeeping fees$13,383
- Other administrative expenses$9,543
- Trustee and custodial fees$4,751
- Total administrative expenses$85,026
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)$15.6M · 99.6%
- Participant loans$66K · 0.4%
- Cash (interest and non-interest bearing)$176 · 0.0%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)Yes
- Accounting firmCrowe LLP
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $1,000,000
- Blackout period during the yearNo
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
2FERISA section 404(c) plan2GTotal participant-directed account plan2MCode section 403(b)(7) accounts (custodial accounts for regulated investment company stock)2RParticipant-directed brokerage accounts provided as an investment option under the plan2S401(k) plan or 403(b) plan that provides for automatic enrollment2TTotal or partial participant-directed account plan with a default investment account3DPre-approved pension plan
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 711100: Performing Arts Companies.
Other plans of Indiana Symphony Society, Inc.
| Plan | Participants | Net assets |
|---|---|---|
| Indianapolis Symphony Orchestra Pension Plan | 125 | $28.3M |
Similar plans in Indiana
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Chip Ganassi Racing Teams Inc. Retirement Plan | Chip Ganassi Racing, LLC | 238 | $23.2M | $97,518 |
| Don Schumacher Racing Corp. 401(k) Retirement Plan | Don Schumacher Racing Corp. | 168 | $4.0M | $24,032 |
| Koch Development Corporation 401(k) Plan | Koch Development Corporation | 250 | $11.4M | $45,800 |
| Indiana Historical Society Defined Contribution Retirement Plan | Indiana Historical Society | 147 | $9.3M | $63,186 |
| Fort Wayne Zoological Society Matching Retirement Plan | Fort Wayne Zoological Society | 260 | $4.5M | $17,347 |
| Penske Entertainment 401(k) Plan | Penske Motorsports Corp. | 363 | $43.2M | $119,123 |
Defined contribution plans in arts, entertainment and recreation closest in size.
Questions and answers
How big is Indianapolis Symphony Orchestra 403(b) Plan?
199 participants at the end of the plan year ending 31 Aug 2025, of whom 152 were active employees, with net assets of $15,626,816. Among defined contribution plans that places it in the 100 to 249 participants band, which held 21,996 plans in plan year 2024.
What does Indiana Symphony Society, Inc. contribute per participant?
The filing reports $422,980 in employer contributions for the year, which is $2,783 per active participant; the median for plans of the same type and size was $2,447 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 $110,719 in compensation to service provider organisations, $556 per participant or 0.71% of net assets. The same-size median among plans reporting any Schedule C compensation was $194 per participant. Administrative expenses on Schedule H were $85,026. 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 Symphony Society, Inc.. Recordkeeping or administration: North American Ktrade Alliance, LLC. Investment advisory or management: Oxford Financial Group, Ltd.. Trustee or custodian: Fidelity Personal Trust Company FSB. The financial statements were audited by Crowe LLP. 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 unmodified (unqualified) opinion from a limited-scope audit, in which the accountant did not audit investment information certified by a bank or insurance company. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Sep 2024 to 31 Aug 2025, received by the Department of Labor on 1 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 35-0998627, plan 003, received 1 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.