Plan Ledger DOL Form 5500 · updated monthly

Family Service Association of Bucks County401(k)

FAMILY SERVICE ASSOCIATION OF BUCKS COUNTY 401(K) PLAN · LANGHORNE, PA · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Family Service Association of Bucks County reported $11,185 in plan administrative expenses for 2024: 0.32% of average plan assets, below the peer median. Employer contributions averaged $1,093 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 0.03% to 0.32%. 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 (3,086th of 3,651), and 8,836th of 11,911 in health care & social assistance. In 2024, employees put in $1.71 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,600,704
Participants with balances162
Active participants122
Employer contributions$133,385
Employee contributions$227,469
Employer contribution per active participant$1,093
Average account balance$22,227
Benefits paid to participants$576,761
Plan auditUnmodified (clean) audit opinion
AuditorMALLIE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$3.6M · 162 accts · $133K emplr
2023$3.4M · 194 accts · $144K emplr
2022$2.8M · 181 accts · $128K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,185
Total administrative$11,185
The Family Service Association of Bucks County 401(k) match · 2024
Employer contribution per active participant$1,093
Median for plans this size$1,313
2024$1,093 per active participant
2023$997 per active participant
2022$988 per active participant

Family Service Association of Bucks County'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 · 20241
ADP, INC. · Loan processing · Recordkeeping$9,322

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
2023Mutual of America

This plan has changed recordkeepers within these filings. If you left Family Service Association of Bucks County before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$11,185 · 0.32%
2023$1,190 · 0.04%
2022$837 · 0.03%
Similar plansHealth Care & Social Assistance · Pennsylvania
Organic Remedies, Inc. PA$3.7M · 1.22%
Christ's Home PA$3.7M · 0.24%
Children's Home of York PA$3.6M · 0.07%
Stacy Lane, D.O., LLC PA$3.5M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231427224 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.