Plan Ledger DOL Form 5500 · updated monthly

Family Resources403(b)

FAMILY RESOURCES 403(B) THRIFT PLAN · PITTSBURGH, PA · plan year 2024

Reported admin expense ratio · 2024
1.34%

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

Family Resources reported $30,956 in plan administrative expenses for 2024: 1.34% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,419 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 1.02% to 1.34%. 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 (3,287th of 3,651), and 9,749th of 11,911 in health care & social assistance. In 2024, the employer put in $1.53 for every $1.00 employees contributed themselves; active participation has grown from 69 to 79 since 2022.

Plan summary
Net assets, end of year$2,357,793
Participants with balances87
Active participants79
Employer contributions$112,099
Employee contributions$73,240
Employer contribution per active participant$1,419
Average account balance$27,101
Benefits paid to participants$310,597
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.4M · 87 accts · $112K emplr
2023$2.3M · 199 accts · $52K emplr
2022$2.0M · 195 accts · $63K emplr
Administrative expenses, itemized · 2024
Trustee / custodial$30,956
Total administrative$30,956
Employer contributions to the Family Resources plan · 2024
Employer contribution per active participant$1,419
Median for plans this size$1,313
2024$1,419 per active participant
2023$700 per active participant
2022$909 per active participant

Family Resources's 2024 employer contribution ran above 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 · 20242
VOYA RETIREMENT INSURANCE AND ANNUI · Recordkeeping · Custodial (securities)$30,956
NORTHWESTERN MUTUAL INVESTMENT SERVindirect 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
2024Voya
2023Voya

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

Administrative cost history3
2024$30,956 · 1.34%
2023$17,914 · 0.84%
2022$21,443 · 1.02%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Family Services, Inc. PA$2.4M · 0.12%
Wonderspring PA$2.4M · 0.65%
H.E.S. Inc. PA$2.3M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 250728060 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.