Plan Ledger DOL Form 5500 · updated monthly

General Healthcare Resources401(k)

GENERAL HEALTHCARE RESOURCES, LLC 401(K) PROFIT SHARING PLAN · BLUE BELL, PA · plan year 2024

Reported admin expense ratio · 2024
0.91%

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

General Healthcare Resources reported $272,372 in plan administrative expenses for 2024: 0.91% of average plan assets, higher than ~90% of peers. Employer contributions averaged $138 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 1.07% to 0.91%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,090th-largest of 3,651 plans among Pennsylvania employers on file, and the 3,859th of 11,654 in professional & technical services. In 2024, employees put in $7.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$33,133,192
Participants with balances1,670
Active participants5,372
Employer contributions$740,424
Employee contributions$5,537,914
Employer contribution per active participant$138
Average account balance$19,840
Benefits paid to participants$6,211,573
Plan auditUnmodified (clean) audit opinion
AuditorMARION & BLACK LLC
Plan history3
Yearassets · accounts · employer contribution
2024$33.1M · 1,670 accts · $740K emplr
2023$26.6M · 1,577 accts · $917K emplr
2022$16.3M · 1,288 accts · $640K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$211,844
Investment management$60,528
Total administrative$272,372
The General Healthcare Resources 401(k) match · 2024
Employer contribution per active participant$138
Median for plans this size$2,416
2024$138 per active participant
2023$151 per active participant
2022$109 per active participant

General Healthcare Resources'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
ADP, INC. · Loan processing · Recordkeeping$214,948
MML INVESTORS SERVICES, INC. · Recordkeeping · Trustee$57,423
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, MML INVESTORS SERVICES, INC.
2023ADP, MML INVESTORS SERVICES, INC.

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

Administrative cost history3
2024$272,372 · 0.91%
2023$244,305 · 1.14%
2022$166,295 · 1.07%
Similar plansProfessional & Technical Services · Pennsylvania
Delve, LLC PA$34.3M
Smith Micro Software, Inc. PA$33.8M · 0.23%
Listrak Inc. PA$33.6M · 0.46%
Rqm+ PA$33.2M · 0.61%
Microbac Laboratories, Inc PA$33.1M · 0.34%
ALL4 LLC PA$32.7M · 0.16%
Gray Matter Systems, LLC PA$32.4M · 0.33%
Mastech Digital, Inc. PA$32.4M · 0.36%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 232720209 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.