Plan Ledger DOL Form 5500 · updated monthly

Firstrust Savings Bank401(k)

FIRSTRUST 401(K) AND PROFIT SHARING PLAN · HORSHAM, PA · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Firstrust Savings Bank reported $151,532 in plan administrative expenses for 2024: 0.19% of average plan assets, above the peer median. Employer contributions averaged $2,849 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 fell from 0.22% to 0.19%. 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 542nd-largest of 3,651 plans among Pennsylvania employers on file, and the 1,145th of 4,798 in finance & insurance. In 2024, employees put in $3.21 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$83,481,887
Participants with balances612
Active participants468
Employer contributions$1,333,452
Employee contributions$4,278,726
Employer contribution per active participant$2,849
Average account balance$136,408
Benefits paid to participants$5,567,860
Plan auditUnmodified (clean) audit opinion
AuditorISDANER & COMPANY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$83.5M · 612 accts · $1.3M emplr
2023$72.7M · 600 accts · $1.3M emplr
2022$61.0M · 578 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$80,100
Investment management$51,632
Audit (IQPA)$19,800
Total administrative$151,532
The Firstrust Savings Bank 401(k) match · 2024
Employer contribution per active participant$2,849
Median for plans this size$3,635
2024$2,849 per active participant
2023$2,857 per active participant
2022$2,755 per active participant

Firstrust Savings Bank's 2024 employer contribution ran below the $3,635 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 · 20243
JOHN HANCOCK · Recordkeeping · Loan processing$80,004
CAPFINANCIAL PARTNERS, LLC · Investment advisory (plan)$40,012
ISDANER & COMPANY, LLC · Accounting / audit$19,800

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$151,532 · 0.19%
2023$132,574 · 0.20%
2022$146,344 · 0.22%
Same employer
Similar plansFinance & Insurance · Pennsylvania
SHIFT4 Payments, LLC PA$94.9M · 0.03%
Gbli Holdings, LLC PA$77.3M · 0.22%
The Haverford Trust Company PA$73.2M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 230970971 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.