Plan Ledger DOL Form 5500 · updated monthly

Dr.Gertrude a. Barber Center, Inc401(k)

401(K) RETIREMENT SAVINGS PLAN FOR EMPLOYEES OF THE DR.GERTRUDE A. BARBER CENTER, INC. · ERIE, PA · plan year 2023

Reported admin expense ratio · 2023
0.23%

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

Dr.Gertrude a. Barber Center, Inc reported $79,116 in plan administrative expenses for 2023: 0.23% of average plan assets, below the peer median. Employer contributions averaged $472 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 0.21% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,017th-largest of 3,651 plans among Pennsylvania employers on file, and the 2,374th of 11,911 in health care & social assistance. In 2023, employees put in $1.30 for every $1.00 the employer contributed; active participation has grown from 1,043 to 1,498 since 2022.

Plan summary
Net assets, end of year$37,026,311
Participants with balances471
Active participants1,498
Employer contributions$706,872
Employee contributions$920,987
Employer contribution per active participant$472
Average account balance$78,612
Benefits paid to participants$2,583,641
Plan auditUnmodified (clean) audit opinion
AuditorMAHER DUESSEL
Plan history3
Yearassets · accounts · employer contribution
2024$33.1M · 605 accts · $962K emplr
2023$37.0M · 471 accts · $707K emplr
2022$32.7M · 470 accts · $790K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$34,756
Investment management$44,360
Total administrative$79,116
The Dr.Gertrude a. Barber Center, Inc 401(k) match · 2023
Employer contribution per active participant$472
Median for plans this size$2,440
2024$818 per active participant
2023$472 per active participant
2022$757 per active participant

Dr.Gertrude a. Barber Center, Inc's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
ONE DIGITAL INVESTMENT ADVISORS · Investment advisory (plan)$44,360
NEWPORT GROUP, INC.$34,756

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

Administrative cost history3
2024$103,449 · 0.29%
2023$79,116 · 0.23%
2022$76,312 · 0.21%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Inperium, Inc. PA$37.4M · 0.95%
Primary Health Network PA$36.4M · 0.36%
Uniontown Hospital PA$35.6M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237447611 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.