Plan Ledger DOL Form 5500 · updated monthly

Butler Medical Providers403(b)

BUTLER MEDICAL PROVIDERS 403(B) RETIREMENT PLAN · BUTLER, PA · plan year 2024

Reported admin expense ratio · 2024
0.08%

Butler Medical Providers reported $31,596 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. 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 fell from 0.36% to 0.08%. 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 966th-largest of 3,651 plans among Pennsylvania employers on file, and the 2,253rd of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$39,587,321
Participants with balances486
Active participants740
Employer contributions—
Employee contributions$3,916,063
Employer contribution per active participant—
Average account balance$81,455
Benefits paid to participants$4,576,860
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$39.6M · 486 accts
2023$35.6M · 500 accts
2022$28.9M · 367 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,596
Total administrative$31,596
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
NATIONWIDE · Accounting / audit · Recordkeepingindirect comp
DEFINITI LLC · Recordkeeping · Loan processingindirect comp
GLOBAL RETIREMENT PARTNERS LLC · Investment managementindirect comp

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

Recordkeeper by year2
2024Definiti, Nationwide
2023Definiti, Nationwide

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$31,596 · 0.08%
2023$118,293 · 0.37%
2022$107,750 · 0.36%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Melmark, Inc. PA$41.1M · 0.14%
Inperium, Inc. PA$37.4M · 0.95%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251441961 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.