Plan Ledger DOL Form 5500 · updated monthly

Child Development Centers, Inc.401(k)

CHILD DEVELOPMENT CENTERS, INC. 401(K) PLAN · ERIE, PA · plan year 2024

Reported admin expense ratio · 2024
0.70%

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

Child Development Centers, Inc. reported $35,960 in plan administrative expenses for 2024: 0.70% of average plan assets, above the peer median. Employer contributions averaged $1,432 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 fell from 0.92% to 0.70%. 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 (2,788th of 3,651), and 7,513th of 11,911 in health care & social assistance. In 2024, employees put in $1.74 for every $1.00 the employer contributed; active participation has grown from 318 to 350 since 2022.

Plan summary
Net assets, end of year$5,720,051
Participants with balances373
Active participants350
Employer contributions$501,309
Employee contributions$872,614
Employer contribution per active participant$1,432
Average account balance$15,335
Benefits paid to participants$823,525
Plan auditUnmodified (clean) audit opinion
AuditorMCGILL POWER BELL & ASSOCIATES LLP
Plan history3
Yearassets · accounts · employer contribution
2024$5.7M · 373 accts · $501K emplr
2023$4.6M · 341 accts · $404K emplr
2022$3.2M · 335 accts · $370K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,973
Investment management$11,987
Total administrative$35,960
The Child Development Centers, Inc. 401(k) match · 2024
Employer contribution per active participant$1,432
Median for plans this size$1,313
2024$1,432 per active participant
2023$1,219 per active participant
2022$1,163 per active participant

Child Development Centers, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20242
ADP, INC. · Recordkeeping$23,973
EDWARD JONES · Recordkeeping · Trustee$11,987

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

Recordkeeper by year2
2024ADP, Edward Jones
2023ADP, Edward Jones

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

Administrative cost history3
2024$35,960 · 0.70%
2023$31,383 · 0.81%
2022$24,160 · 0.92%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Xanitos Inc. PA$5.9M · 1.01%
Mazzoni Center PA$5.7M · 0.65%
Mount Trexler Manor, Inc. PA$5.6M · 0.93%
Lifesteps, Inc. PA$5.6M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251198158 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.