Plan Ledger DOL Form 5500 · updated monthly

Grace Inspired Ministries401(k)

GRACE INSPIRED MINISTRIES 401K PLAN · TELFORD, PA · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

Grace Inspired Ministries reported $81,520 in plan administrative expenses for 2024: 0.54% of average plan assets, higher than ~75% of peers. Employer contributions averaged $782 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 3 years on file its reported administrative ratio has held roughly steady near 0.54%. 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 the 1,740th-largest of 3,651 plans among Pennsylvania employers on file, and the 4,240th of 11,911 in health care & social assistance. In 2024, employees put in $2.54 for every $1.00 the employer contributed; active participation has grown from 410 to 466 since 2022.

Plan summary
Net assets, end of year$16,337,308
Participants with balances342
Active participants466
Employer contributions$364,320
Employee contributions$927,126
Employer contribution per active participant$782
Average account balance$47,770
Benefits paid to participants$843,882
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.3M · 342 accts · $364K emplr
2023$14.1M · 342 accts · $364K emplr
2022$12.7M · 331 accts · $324K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$81,520
Total administrative$81,520
The Grace Inspired Ministries 401(k) match · 2024
Employer contribution per active participant$782
Median for plans this size$2,416
2024$782 per active participant
2023$813 per active participant
2022$790 per active participant

Grace Inspired Ministries'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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$81,520
OSAIC WEALTH INCindirect comp
TRIAD ADVISORS LLCindirect 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$81,520 · 0.54%
2023$69,830 · 0.52%
2022$66,343 · 0.55%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Stairways Behavioral Health PA$16.6M · 0.46%
Laurel Eye Clinic Group PA$16.1M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 814735423 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.