Plan Ledger DOL Form 5500 · updated monthly

Bethany Childrens Home401(k)

BETHANY CHILDREN'S HOME AND AFFILIATED EMPLOYERS' 401(K) PLAN · WOMELSDORF, PA · plan year 2023

Reported admin expense ratio · 2023
0.67%

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

Bethany Childrens Home reported $21,194 in plan administrative expenses for 2023: 0.67% of average plan assets, above the peer median. Employer contributions averaged $1,648 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 fell from 1.04% to 0.67%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Pennsylvania (3,113th of 3,651), and 8,957th of 11,911 in health care & social assistance. In 2023, employees put in $1.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,416,293
Participants with balances138
Active participants126
Employer contributions$207,619
Employee contributions$299,772
Employer contribution per active participant$1,648
Average account balance$24,756
Benefits paid to participants$361,640
Plan auditUnmodified (clean) audit opinion
AuditorHERBEIN & COMPANY
Plan history2
Yearassets · accounts · employer contribution
2023$3.4M · 138 accts · $208K emplr
2022$2.9M · 122 accts · $88K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$20,844
Total administrative$21,194
The Bethany Childrens Home 401(k) match · 2023
Employer contribution per active participant$1,648
Median for plans this size$1,308
2023$1,648 per active participant
2022$472 per active participant

Bethany Childrens Home's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$1,262
WEALTH ADVISORY GROUP INCindirect comp

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$21,194 · 0.67%
2022$29,226 · 1.04%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Stacy Lane, D.O., LLC PA$3.5M · 0.49%
Lifeswork of Western PA PA$3.4M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231365188 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.