Plan Ledger DOL Form 5500 · updated monthly

Families United Network401(k)

FAMILIES UNITED NETWORK 401(K) PLAN · MUNCY, PA · plan year 2024

Reported admin expense ratio · 2024
0.72%

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

Families United Network reported $31,697 in plan administrative expenses for 2024: 0.72% of average plan assets, above the peer median. Employer contributions averaged $833 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 fell from 1.01% to 0.72%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Pennsylvania (2,921st of 3,651), and 8,086th of 11,911 in health care & social assistance. In 2024, employees put in $2.81 for every $1.00 the employer contributed; active participation has shrunk from 163 to 136 since 2022.

Plan summary
Net assets, end of year$4,693,225
Participants with balances226
Active participants136
Employer contributions$113,350
Employee contributions$318,038
Employer contribution per active participant$833
Average account balance$20,766
Benefits paid to participants$287,198
Plan auditUnmodified (clean) audit opinion
AuditorKRONICK KALADA BERDY & CO PC
Plan history3
Yearassets · accounts · employer contribution
2024$4.7M · 226 accts · $113K emplr
2023$4.1M · 225 accts · $128K emplr
2022$3.9M · 225 accts · $235K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,497
Total administrative$31,697
The Families United Network 401(k) match · 2024
Employer contribution per active participant$833
Median for plans this size$1,313
2024$833 per active participant
2023$991 per active participant
2022$1,439 per active participant

Families United Network's 2024 employer contribution ran below the $1,313 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
M2B RETIREMENT CONSULTING LLC · Other servicesindirect comp
CAMBRIDGE INVESTMENT RESEARCH INCindirect comp

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$31,697 · 0.72%
2023$47,716 · 1.19%
2022$41,404 · 1.01%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Centre Care, Inc. PA$4.8M · 0.98%
The Center for Autism PA$4.7M · 0.54%
Case Management Unit PA$4.7M · 0.96%
Centerville Clinics, Inc. PA$4.7M · 0.74%
Advanced Personal Care PA$4.6M · 0.87%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232857929 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.