Plan Ledger DOL Form 5500 · updated monthly

Educational Commission for Foreign Medical Graduates403(b)

EDUCATIONAL COMMISSION FOR FOREIGN MEDICAL GRADUATES 403(B) PLAN · PHILADELPHIA, PA · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Educational Commission for Foreign Medical Graduates reported $132,492 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $10,283 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 0.140%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other educational services employers. By assets it is the 469th-largest of 3,651 plans among Pennsylvania employers on file, and the 523rd of 3,091 in educational services. In 2024, the employer put in $1.76 for every $1.00 employees contributed themselves; active participation has grown from 289 to 347 since 2022.

Plan summary
Net assets, end of year$100,794,137
Participants with balances647
Active participants347
Employer contributions$3,568,357
Employee contributions$2,022,095
Employer contribution per active participant$10,283
Average account balance$155,787
Benefits paid to participants$5,461,482
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$100.8M · 647 accts · $3.6M emplr
2023$88.4M · 646 accts · $3.1M emplr
2022$73.1M · 626 accts · $2.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,648
Investment management$122,844
Total administrative$132,492
Employer contributions to the Educational Commission for Foreign Medical Graduates plan · 2024
Employer contribution per active participant$10,283
Median for plans this size$3,635
2024$10,283 per active participant
2023$8,933 per active participant
2022$9,031 per active participant

Educational Commission for Foreign Medical Graduates's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 · 20241
PENSERV PLAN SERVICES, INC. · Recordkeeping$5,113

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

Recordkeeper by year2
2024PENSERV PLAN SERVICES, INC.
2023PENSERV PLAN SERVICES, INC.

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

Administrative cost history3
2024$132,492 · 0.14%
2023$116,496 · 0.14%
2022$114,287 · 0.14%
Same employer
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McKissock LLC PA$120.3M · 0.11%
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The Haverford School PA$101.5M · 0.15%
Lycoming College PA$97.6M · 0.18%
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Source: U.S. Department of Labor, Form 5500 series, EIN 362367980 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.