Plan Ledger DOL Form 5500 · updated monthly

Family Practice Center, PC401(k)

FAMILY PRACTICE CENTER, PC 401K PLAN · SELINSGROVE, PA · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Family Practice Center, PC reported $236,003 in plan administrative expenses for 2024: 0.24% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,711 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 0.30% to 0.24%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 442nd-largest of 3,651 plans among Pennsylvania employers on file, and the 1,038th of 11,911 in health care & social assistance. In 2024, employees put in $1.75 for every $1.00 the employer contributed; active participation has grown from 894 to 985 since 2022.

Plan summary
Net assets, end of year$107,834,479
Participants with balances1,081
Active participants985
Employer contributions$2,670,741
Employee contributions$4,661,446
Employer contribution per active participant$2,711
Average account balance$99,754
Benefits paid to participants$2,944,734
Plan auditUnmodified (clean) audit opinion
AuditorBROWN SCHULTZ SHERIDAN FRITZ
Plan history3
Yearassets · accounts · employer contribution
2024$107.8M · 1,081 accts · $2.7M emplr
2023$91.6M · 1,065 accts · $2.5M emplr
2022$79.1M · 989 accts · $2.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$107,658
Investment management$128,345
Total administrative$236,003
The Family Practice Center, PC 401(k) match · 2024
Employer contribution per active participant$2,711
Median for plans this size$3,635
2024$2,711 per active participant
2023$2,675 per active participant
2022$2,595 per active participant

Family Practice Center, PC's 2024 employer contribution ran below the $3,635 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
ATWATER MALICK LLC · Investment advisory (plan)$128,345
PA RETIREMENT SOLUTIONS, INC. · Contract administrator$20,976

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$236,003 · 0.24%
2023$213,572 · 0.25%
2022$259,562 · 0.30%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Grand View Health PA$134.4M · 0.16%
Rgi Management Company LLC PA$124.5M · 0.13%
Butler Memorial Hospital PA$103.1M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231919008 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.