Plan Ledger DOL Form 5500 · updated monthly

First Hospital Panamericano, Inc.401(k)

FIRST HOSPITAL PANAMERICANO 401K SAVINGS PLAN · KING OF PRUSSIA, PA · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

First Hospital Panamericano, Inc. reported $67,729 in plan administrative expenses for 2024: 0.58% of average plan assets, higher than ~75% of peers. Employer contributions averaged $613 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 0.45% to 0.58%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Pennsylvania (2,078th of 3,651), and the 5,080th of 11,911 in health care & social assistance. In 2024, employees put in $3.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,281,880
Participants with balances396
Active participants425
Employer contributions$260,601
Employee contributions$796,372
Employer contribution per active participant$613
Average account balance$31,015
Benefits paid to participants$1,038,559
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.3M · 396 accts · $261K emplr
2023$11.2M · 392 accts · $288K emplr
2022$10.2M · 413 accts · $280K emplr
The First Hospital Panamericano, Inc. 401(k) match · 2024
Employer contribution per active participant$613
Median for plans this size$2,416
2024$613 per active participant
2023$638 per active participant
2022$639 per active participant

First Hospital Panamericano, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20243
INDEPENDENT FINANCIAL GROUP · Investment advisory (plan)$28,863
A & A EMPLOYEE BENEFITS CONSULTING · Contract administratorindirect comp

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$67,729 · 0.58%
2023$59,712 · 0.56%
2022$49,429 · 0.45%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Health Union, LLC PA$12.3M · 0.28%
Comhar, Inc. PA$12.3M · 0.98%
Human Services Center PA$12.1M · 0.54%
Prospectus/Berco PA$12.1M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 660490148 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.