Plan Ledger DOL Form 5500 · updated monthly

Erie Homes for Children and Adults, Inc.401(k)

EHCA 401(K) RETIREMENT PLAN · ERIE, PA · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Erie Homes for Children and Adults, Inc. reported $85,843 in plan administrative expenses for 2024: 0.60% of average plan assets, higher than ~75% of peers. Employer contributions averaged $786 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 0.601%. 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 (1,883rd of 3,651), and the 4,565th of 11,911 in health care & social assistance. In 2024, employees put in $1.81 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,648,185
Participants with balances651
Active participants511
Employer contributions$401,775
Employee contributions$727,100
Employer contribution per active participant$786
Average account balance$22,501
Benefits paid to participants$2,026,968
Plan auditUnmodified (clean) audit opinion
AuditorMCGILL,POWER,BELL & ASSOCIATES, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$14.6M · 651 accts · $402K emplr
2023$13.9M · 652 accts · $351K emplr
2022$12.5M · 727 accts · $357K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$78,959
Investment management$6,884
Total administrative$85,843
The Erie Homes for Children and Adults, Inc. 401(k) match · 2024
Employer contribution per active participant$786
Median for plans this size$2,416
2024$786 per active participant
2023$697 per active participant
2022$732 per active participant

Erie Homes for Children and Adults, Inc.'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 · 20244
LICOLN NATIONAL CORPORATION · Loan processing$49,535
M2B RETIREMENT CONSULTING, LLC · Loan processing$17,173
ANCHOR 3(16) FIDUCIARY SOLUTIONS · Plan administrator · Participant communication$12,251
ENVESTNET RETIREMENT SOLUTIONS · Investment management$6,884

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$85,843 · 0.60%
2023$82,349 · 0.62%
2022$71,798 · 0.60%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Eagleville Hospital PA$14.8M · 0.29%
Philadelphia Fight PA$14.5M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 250967472 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.