Plan Ledger DOL Form 5500 · updated monthly

Family Services, Inc.401(k)

FAMILY SERVICES, INC. 401(K) PLAN · ALTOONA, PA · plan year 2022

Reported admin expense ratio · 2022
0.12%

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

Family Services, Inc. reported $3,189 in plan administrative expenses for 2022: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $761 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Pennsylvania (3,279th of 3,651), and 9,716th of 11,911 in health care & social assistance. In 2022, employees put in $1.95 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,398,250
Participants with balances55
Active participants65
Employer contributions$49,477
Employee contributions$96,514
Employer contribution per active participant$761
Average account balance$43,605
Benefits paid to participants$384,293
Plan auditUnmodified (clean) audit opinion
AuditorFIORE FEDEL SNYDER CAROTHERS, LLP
Administrative expenses, itemized · 2022
Professional / advisory$3,189
Total administrative$3,189
The Family Services, Inc. 401(k) match · 2022
Employer contribution per active participant$761
Median for plans this size$1,114

Family Services, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$3,189 · 0.12%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Lifequest, Inc. PA$2.4M · 1.62%
Wonderspring PA$2.4M · 0.65%
Family Resources PA$2.4M · 1.34%
H.E.S. Inc. PA$2.3M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231533374 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.