Plan Ledger DOL Form 5500 · updated monthly

Devereux403(b)

DEVEREUX DEFINED CONTRIBUTION RETIREMENT PLAN · VILLANOVA, PA · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Devereux reported $618,389 in plan administrative expenses for 2024: 0.11% of average plan assets, above the peer median. Employer contributions averaged $2,213 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 0.06% to 0.11%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 129th-largest of 3,651 plans among Pennsylvania employers on file, and the 291st of 11,911 in health care & social assistance. In 2024, the employer put in $1.36 for every $1.00 employees contributed themselves; active participation has shrunk from 12,312 to 5,122 since 2022.

Plan summary
Net assets, end of year$595,369,058
Participants with balances11,453
Active participants5,122
Employer contributions$11,333,581
Employee contributions$8,361,147
Employer contribution per active participant$2,213
Average account balance$51,984
Benefits paid to participants$55,901,065
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$595.4M · 11,453 accts · $11.3M emplr
2023$566.0M · 11,932 accts · $10.1M emplr
2022$511.6M · 12,188 accts · $10.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$473,730
Investment management$115,870
Audit (IQPA)$21,000
Total administrative$618,389
Employer contributions to the Devereux plan · 2024
Employer contribution per active participant$2,213
Median for plans this size$4,294
2024$2,213 per active participant
2023$1,773 per active participant
2022$856 per active participant

Devereux's 2024 employer contribution ran below the $4,294 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 · 20244
TIAA · Recordkeeping · Pension consulting$473,730
JANNEY MONTGOMERY SCOTT,LLC · Investment advisory (plan) · Investment management$115,870
BAKER TILLY US, LLP · Accounting / audit$21,000
TROUTMAN PEPPER HAMILTON SANDER LLP · Legal$7,789

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

Recordkeeper by year2
2024TIAA
2023TIAA

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

Administrative cost history3
2024$618,389 · 0.11%
2023$539,717 · 0.10%
2022$311,008 · 0.06%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
The Guthrie Clinic PA$629.8M · 0.07%
Upmc Pinnacle PA$521.1M · 0.12%
Aria Health PA$428.4M · 0.05%
Kennedy Health System PA$400.3M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231390618 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.