Plan Ledger DOL Form 5500 · updated monthly

Evangelical Services401(k)

WESLEY ENHANCED LIVING RETIREMENT PLAN · WARMINSTER, PA · plan year 2024

Reported admin expense ratio · 2024
0.65%

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

Evangelical Services reported $193,356 in plan administrative expenses for 2024: 0.65% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,481 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 0.52% to 0.65%. 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 the 1,151st-largest of 3,651 plans among Pennsylvania employers on file, and the 2,700th of 11,911 in health care & social assistance. In 2024, employees put in $1.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$31,023,268
Participants with balances1,174
Active participants878
Employer contributions$1,299,937
Employee contributions$2,342,669
Employer contribution per active participant$1,481
Average account balance$26,425
Benefits paid to participants$4,069,822
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$31.0M · 1,174 accts · $1.3M emplr
2023$28.3M · 1,199 accts · $1.2M emplr
2022$24.7M · 1,087 accts · $990K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$102,192
Investment management$91,164
Total administrative$193,356
The Evangelical Services 401(k) match · 2024
Employer contribution per active participant$1,481
Median for plans this size$2,416
2024$1,481 per active participant
2023$1,378 per active participant
2022$1,146 per active participant

Evangelical Services's 2024 employer contribution ran below 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 · 20243
ADP, INC. · Loan processing · Recordkeeping$102,192
GLOBAL RETIREMENT PARTNERS · Recordkeeping · Pension consulting$91,164
ADP BROKER-DEALER · Other servicesindirect comp

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, GLOBAL RETIREMENT PARTNERS
2023ADP, GLOBAL RETIREMENT PARTNERS

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

Administrative cost history3
2024$193,356 · 0.65%
2023$210,000 · 0.79%
2022$138,878 · 0.52%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Remed Holdings, LLC PA$31.1M · 0.42%
Warren General Hospital PA$30.5M · 0.29%
Path, Inc. PA$30.1M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232648022 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.