Plan Ledger DOL Form 5500 · updated monthly

Concern-Professional Services for Children, Youth and Families401(k)

CONCERN PROFESSIONAL SERVICES 401(K) PLAN · FLEETWOOD, PA · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Concern-Professional Services for Children, Youth and Families reported $66,512 in plan administrative expenses for 2024: 0.59% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,324 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 0.59%. 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 among the smaller plans on file in Pennsylvania (2,088th of 3,651), and the 5,106th of 11,911 in health care & social assistance. In 2024, employees put in $1.19 for every $1.00 the employer contributed; active participation has shrunk from 440 to 369 since 2022.

Plan summary
Net assets, end of year$12,170,451
Participants with balances461
Active participants369
Employer contributions$488,548
Employee contributions$579,784
Employer contribution per active participant$1,324
Average account balance$26,400
Benefits paid to participants$811,228
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.2M · 461 accts · $489K emplr
2023$10.6M · 458 accts · $498K emplr
2022$9.4M · 410 accts · $394K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,464
Investment management$27,048
Total administrative$66,512
The Concern-Professional Services for Children, Youth and Families 401(k) match · 2024
Employer contribution per active participant$1,324
Median for plans this size$2,416
2024$1,324 per active participant
2023$1,451 per active participant
2022$895 per active participant

Concern-Professional Services for Children, Youth and Families'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 · 20242
JOHN HANCOCK LIFE INS CO · Recordkeeping · Investment management$3,104
CORNERSTONE ADVISORS ASSET MANAGEME · Investment advisory (participants)$27,048

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$66,512 · 0.59%
2023$58,157 · 0.58%
2022$59,485 · 0.57%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Health Union, LLC PA$12.3M · 0.28%
Comhar, Inc. PA$12.3M · 0.98%
Human Services Center PA$12.1M · 0.54%
Prospectus/Berco PA$12.1M · 0.53%
Brethren Village PA$11.8M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232052170 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.