Plan Ledger DOL Form 5500 · updated monthly

Berks Community Health Center401(k)

BERKS COMMUNITY HEALTH CENTER 401(K) PROFIT SHARING PLAN & TRUST · READING, PA · plan year 2024

Reported admin expense ratio · 2024
1.12%

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

Berks Community Health Center reported $25,148 in plan administrative expenses for 2024: 1.12% of average plan assets, higher than ~75% of peers. Employer contributions averaged $591 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 1.12%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Pennsylvania (3,296th of 3,651), and 9,802nd of 11,911 in health care & social assistance. In 2024, employees put in $2.11 for every $1.00 the employer contributed; active participation has shrunk from 107 to 93 since 2022.

Plan summary
Net assets, end of year$2,297,808
Participants with balances115
Active participants93
Employer contributions$54,979
Employee contributions$115,738
Employer contribution per active participant$591
Average account balance$19,981
Benefits paid to participants$304,008
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.3M · 115 accts · $55K emplr
2023$2.2M · 130 accts · $50K emplr
2022$1.9M · 134 accts · $47K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,932
Investment management$10,550
Trustee / custodial$666
Total administrative$25,148
The Berks Community Health Center 401(k) match · 2024
Employer contribution per active participant$591
Median for plans this size$1,313
2024$591 per active participant
2023$466 per active participant
2022$440 per active participant

Berks Community Health Center's 2024 employer contribution ran below the $1,313 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 · 20242
PENSERV PLAN SERVICES, INC. · Recordkeeping$13,932
NORTHEAST FINANCIAL GROUP · Recordkeeping · Investment management$10,550

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

Recordkeeper by year2
2024NORTHEAST FINANCIAL GROUP, PENSERV PLAN SERVICES, INC.
2023NORTHEAST FINANCIAL GROUP, PENSERV PLAN SERVICES, INC.

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Administrative cost history3
2024$25,148 · 1.12%
2023$25,122 · 1.24%
2022$23,039 · 1.13%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Wonderspring PA$2.4M · 0.65%
Family Resources PA$2.4M · 1.34%
H.E.S. Inc. PA$2.3M · 0.00%
Lafayette Manor, Inc. PA$2.3M · 0.23%
The Summit School, Inc. PA$2.3M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273795179 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.