Plan Ledger DOL Form 5500 · updated monthly

Family Counseling Center403(b)

FAMILY COUNSELING CENTER OF ARMSTRONG COUNTY TAX SHELTERED ANNUITY PLAN · KITTANNING, PA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Family Counseling Center reported $4,196 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,791 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 0.015% to 0.020%. 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 1,447th-largest of 3,651 plans among Pennsylvania employers on file, and the 3,423rd of 11,911 in health care & social assistance. In 2024, employees put in $1.32 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,177,981
Participants with balances163
Active participants192
Employer contributions$535,829
Employee contributions$708,132
Employer contribution per active participant$2,791
Average account balance$136,061
Benefits paid to participants$2,214,817
Plan auditUnmodified (clean) audit opinion
AuditorMCCALL, SCANLON & TICE LLC
Plan history3
Yearassets · accounts · employer contribution
2024$22.2M · 163 accts · $536K emplr
2023$20.6M · 159 accts · $524K emplr
2022$17.8M · 153 accts · $478K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,196
Total administrative$4,196
Employer contributions to the Family Counseling Center plan · 2024
Employer contribution per active participant$2,791
Median for plans this size$2,416
2024$2,791 per active participant
2023$2,699 per active participant
2022$2,657 per active participant

Family Counseling Center'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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$4,196
COMMONWEALTH FINANCIAL NETWORK · Investment advisory (plan)indirect 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$4,196 · 0.02%
2023$3,442 · 0.02%
2022$2,967 · 0.02%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Step by Step, Inc. PA$23.8M · 0.39%
Tri-Century Eye Care, P.C. PA$22.2M · 0.30%
Presbyterian Seniorcare PA$22.2M · 0.56%
Pennswood Village PA$20.8M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251116612 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.