Plan Ledger DOL Form 5500 · updated monthly

Gallagher Home Health Service401(k)

GALLAGHER HOME HEALTH SERVICES 401(K) PROFIT SHARING PLAN · BRIDGEVILLE, PA · plan year 2024

Reported admin expense ratio · 2024
0.77%

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

Gallagher Home Health Service reported $27,528 in plan administrative expenses for 2024: 0.77% of average plan assets, above the peer median. Employer contributions averaged $496 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 0.82% to 0.77%. 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 (3,060th of 3,651), and 8,713th of 11,911 in health care & social assistance. In 2024, employees put in $3.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,768,476
Participants with balances100
Active participants206
Employer contributions$102,147
Employee contributions$318,306
Employer contribution per active participant$496
Average account balance$37,685
Benefits paid to participants$522,241
Plan auditUnmodified (clean) audit opinion
AuditorWILKE CPAS & ADVISORS, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$3.8M · 100 accts · $102K emplr
2023$3.4M · 109 accts · $114K emplr
2022$2.8M · 108 accts · $133K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,705
Investment management$17,823
Total administrative$27,528
The Gallagher Home Health Service 401(k) match · 2024
Employer contribution per active participant$496
Median for plans this size$1,313
2024$496 per active participant
2023$482 per active participant
2022$581 per active participant

Gallagher Home Health Service's 2024 employer contribution ran below the $1,313 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 · 20244
THE VANGUARD GROUP, INC. · Contract administrator · Recordkeeping$10,985
M2B RETIREMENT CONSULTING LLC · Recordkeeping$2,600
ASCENSUS LLC · Contract administrator · Recordkeepingindirect comp
COMMONWEALTH FINANCIAL NETWORK · Investment advisory (plan)$17,823

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

Recordkeeper by year2
2024Ascensus, M2B RETIREMENT CONSULTING LLC, Vanguard
2023Ascensus, M2B RETIREMENT CONSULTING LLC, Vanguard

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Administrative cost history3
2024$27,528 · 0.77%
2023$28,356 · 0.92%
2022$23,255 · 0.82%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Self Help Movement Inc. PA$3.9M · 0.59%
Kelsch Associates, Inc. PA$3.8M · 0.20%
Organic Remedies, Inc. PA$3.7M · 1.22%
Christ's Home PA$3.7M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 113733740 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.