Plan Ledger DOL Form 5500 · updated monthly

Conco Services Corporation401(k)

THE CONCO 401(K) AND PROFIT SHARING PLAN · VERONA, PA · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Conco Services Corporation reported $72,103 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $294 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 rose from 0.24% to 0.34%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 1,405th-largest of 3,651 plans among Pennsylvania employers on file, and the 929th of 3,341 in other services. In 2024, employees put in $13.44 for every $1.00 the employer contributed; active participation has grown from 176 to 495 since 2022.

Plan summary
Net assets, end of year$23,322,716
Participants with balances553
Active participants495
Employer contributions$145,463
Employee contributions$1,954,578
Employer contribution per active participant$294
Average account balance$42,175
Benefits paid to participants$1,266,121
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.3M · 553 accts · $145K emplr
2023$19.1M · 383 accts · $206K emplr
2022$15.6M · 306 accts · $75K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,267
Investment management$28,836
Total administrative$72,103
The Conco Services Corporation 401(k) match · 2024
Employer contribution per active participant$294
Median for plans this size$2,416
2024$294 per active participant
2023$655 per active participant
2022$426 per active participant

Conco Services Corporation's 2024 employer contribution ran below the $2,416 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
JOHN HANCOCK · Recordkeeping · Loan processing$45,442
PNC BANK NATIONAL ASSOCIATION · Investment advisory (plan)$26,661

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$72,103 · 0.34%
2023$33,004 · 0.19%
2022$41,337 · 0.24%
Same employer
Similar plansOther Services · Pennsylvania
US Healthconnect, Inc. PA$26.2M · 0.37%
Hcsc Enterprises, Inc. PA$25.3M · 0.26%
Niche.com, Inc. PA$23.1M · 0.28%
Kidspeace Corporation PA$22.4M · 0.37%
Natural Lands Trust, Inc. PA$21.8M · 0.16%
Nuna Baby Essentials Inc PA$21.1M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251567394 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.