Plan Ledger DOL Form 5500 · updated monthly

Baptist Homes of Western Pennsylvania403(b)

BAPTIST HOMES PENSION PLAN · PITTSBURGH, PA · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Baptist Homes of Western Pennsylvania reported $96,026 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $833 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 2 years on file its reported administrative ratio rose from 0.14% to 0.52%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,613th-largest of 3,651 plans among Pennsylvania employers on file, and the 3,906th of 11,911 in health care & social assistance. In 2024, employees put in $2.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,393,936
Participants with balances327
Active participants341
Employer contributions$284,177
Employee contributions$728,812
Employer contribution per active participant$833
Average account balance$56,251
Benefits paid to participants$2,740,603
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.4M · 327 accts · $284K emplr
2023$18.4M · 333 accts · $422K emplr
2022$17.5M · 367 accts · $617K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,758
Investment management$54,268
Total administrative$96,026
Employer contributions to the Baptist Homes of Western Pennsylvania plan · 2024
Employer contribution per active participant$833
Median for plans this size$2,416
2024$833 per active participant
2023$1,215 per active participant
2022$1,730 per active participant

Baptist Homes of Western Pennsylvania's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
MCKINLEY CARTER WEALTH · Investment advisory (plan)$54,268
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$47,190
DUNBAR BENDER & ZAPF · Contract administrator · Other services$11,525

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

Administrative cost history3
2024$96,026 · 0.52%
2023$29,418 · 0.16%
2022$29,066 · 0.14%
Similar plansHealth Care & Social Assistance · Pennsylvania
Hope Enterprises, Inc. PA$19.0M · 0.48%
Pinnacle Ent Alliance, LLC PA$18.5M · 0.50%
Invision Human Services PA$18.4M · 0.52%
Union Community Care PA$18.1M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251469289 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.