Plan Ledger DOL Form 5500 · updated monthly

Beaumont Retirement Services, Inc403(b)

BEAUMONT RETIREMENT SERVICES, INC. 403(B) RETIREMENT SAVINGS PLAN · BRYN MAWR, PA · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Beaumont Retirement Services, Inc reported $27,694 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $1,614 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 3 years on file its reported administrative ratio has held roughly steady near 0.191%. 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 1,807th-largest of 3,651 plans among Pennsylvania employers on file, and the 4,390th of 11,911 in health care & social assistance. In 2024, employees put in $1.97 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,469,345
Participants with balances437
Active participants274
Employer contributions$442,257
Employee contributions$872,477
Employer contribution per active participant$1,614
Average account balance$35,399
Benefits paid to participants$1,073,533
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.5M · 437 accts · $442K emplr
2023$13.6M · 417 accts · $421K emplr
2022$11.3M · 549 accts · $401K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,694
Total administrative$27,694
Employer contributions to the Beaumont Retirement Services, Inc plan · 2024
Employer contribution per active participant$1,614
Median for plans this size$2,416
2024$1,614 per active participant
2023$1,504 per active participant
2022$1,596 per active participant

Beaumont Retirement Services, Inc's 2024 employer contribution ran below the $2,416 median for plans its size. 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 · 20241
LINCOLN NATIONAL CORPORATION · Contract administrator$27,574

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$27,694 · 0.19%
2023$18,559 · 0.15%
2022$22,939 · 0.19%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Goodwill Keystone Area PA$16.0M · 0.09%
Upmc Altoona PA$15.7M · 0.46%
Lehigh Valley Imaging, LLC PA$15.6M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232324586 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.