Plan Ledger DOL Form 5500 · updated monthly

American Higher Education Development Corporation401(k)

AMERICAN HIGHER EDUCATION DEVELOPMENT CORPORATION 401 K PLAN · NEW HOPE, PA · plan year 2023

Reported admin expense ratio · 2023
0.89%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

American Higher Education Development Corporation reported $19,138 in plan administrative expenses for 2023: 0.89% of average plan assets, higher than ~75% of peers. Employer contributions averaged $495 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 1 year on file its reported administrative ratio rose from 0.09% to 0.89%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Pennsylvania (3,285th of 3,651), and 2,813th of 3,091 in educational services. In 2023, employees put in $3.59 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,365,368
Participants with balances95
Active participants128
Employer contributions$63,414
Employee contributions$227,516
Employer contribution per active participant$495
Average account balance$24,899
Benefits paid to participants$220,940
Plan auditUnmodified (clean) audit opinion
AuditorSHULTZ HUBER AND ASSOCIATES
Plan history2
Yearassets · accounts · employer contribution
2023$2.4M · 95 accts · $63K emplr
2022$1.9M · 105 accts · $55K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$13,345
Investment management$5,793
Total administrative$19,138
The American Higher Education Development Corporation 401(k) match · 2023
Employer contribution per active participant$495
Median for plans this size$1,308
2023$495 per active participant
2022$432 per active participant

American Higher Education Development Corporation's 2023 employer contribution ran below the $1,308 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$13,135
VENTURE VISIONARY PARTNERS LLC · Investment advisory (plan)$5,793

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2023$19,138 · 0.89%
2022$1,845 · 0.09%
Same employer
Similar plansEducational Services · Pennsylvania
Bellanza, Inc. PA$1.6M · 0.57%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 134011982 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.