Plan Ledger DOL Form 5500 · updated monthly

Esperanza Health Center, Inc.401(k)

ESPERANZA HEALTH CENTER 401(K) SAVINGS PLAN · PHILADELPHIA, PA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Esperanza Health Center, Inc. reported $9,952 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,555 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 0.05% to 0.07%. 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 (1,863rd of 3,651), and the 4,516th of 11,911 in health care & social assistance. In 2024, employees put in $1.45 for every $1.00 the employer contributed; active participation has grown from 209 to 241 since 2022.

Plan summary
Net assets, end of year$14,879,863
Participants with balances276
Active participants241
Employer contributions$615,759
Employee contributions$891,922
Employer contribution per active participant$2,555
Average account balance$53,913
Benefits paid to participants$1,268,682
Plan auditUnmodified (clean) audit opinion
AuditorBELFINT LYONS SHUMAN
Plan history3
Yearassets · accounts · employer contribution
2024$14.9M · 276 accts · $616K emplr
2023$12.9M · 252 accts · $540K emplr
2022$10.6M · 252 accts · $513K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,952
Total administrative$9,952
The Esperanza Health Center, Inc. 401(k) match · 2024
Employer contribution per active participant$2,555
Median for plans this size$2,416
2024$2,555 per active participant
2023$2,445 per active participant
2022$2,452 per active participant

Esperanza Health Center, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size. 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
ADP, INC. · Recordkeeping$9,952

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$9,952 · 0.07%
2023$6,296 · 0.05%
2022$5,103 · 0.05%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
The Guidance Center PA$15.1M · 0.08%
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 232480701 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.