Plan Ledger DOL Form 5500 · updated monthly

Federal Home Loan Bank of Pittsburgh401(k)

FEDERAL HOME LOAN BANK OF PITTSBURGH DEFINED CONTRIBUTION PLAN · PITTSBURGH, PA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Federal Home Loan Bank of Pittsburgh reported $58,805 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $9,732 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 0.07% to 0.08%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 541st-largest of 3,651 plans among Pennsylvania employers on file, and the 1,144th of 4,798 in finance & insurance. In 2024, employees put in $1.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$83,498,787
Participants with balances293
Active participants251
Employer contributions$2,442,686
Employee contributions$3,488,872
Employer contribution per active participant$9,732
Average account balance$284,979
Benefits paid to participants$3,990,087
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$83.5M · 293 accts · $2.4M emplr
2023$71.8M · 289 accts · $2.1M emplr
2022$56.4M · 263 accts · $1.7M emplr
The Federal Home Loan Bank of Pittsburgh 401(k) match · 2024
Employer contribution per active participant$9,732
Median for plans this size$3,635
2024$9,732 per active participant
2023$8,388 per active participant
2022$7,400 per active participant

Federal Home Loan Bank of Pittsburgh's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top quarter of its peers. 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
THE VANGUARD GROUP, INC. · Recordkeeping · Trustee (directed)$38,105
VANGUARD ADVISERS INC. · Investment advisory (participants)$21,349

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$58,805 · 0.08%
2023$50,118 · 0.08%
2022$42,015 · 0.07%
Similar plansFinance & Insurance · Pennsylvania
Hamilton Lane Advisors, LLC PA$94.9M · 0.15%
SHIFT4 Payments, LLC PA$94.9M · 0.03%
Firstrust Savings Bank PA$83.5M · 0.19%
Gbli Holdings, LLC PA$77.3M · 0.22%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 256001324 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.