Plan Ledger DOL Form 5500 · updated monthly

Greater Philadelphia Health Action, Inc401(k)

GREATER PHILADELPHIA HEALTH ACTION, INC. 401(K) PLAN · PHILADELPHIA, PA · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Greater Philadelphia Health Action, Inc reported $147,649 in plan administrative expenses for 2024: 0.59% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,001 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 0.59%. 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 1,267th-largest of 3,651 plans among Pennsylvania employers on file, and the 2,966th of 11,911 in health care & social assistance. In 2024, employees put in $1.38 for every $1.00 the employer contributed; active participation has grown from 523 to 588 since 2022.

Plan summary
Net assets, end of year$27,297,758
Participants with balances807
Active participants588
Employer contributions$1,176,396
Employee contributions$1,619,501
Employer contribution per active participant$2,001
Average account balance$33,826
Benefits paid to participants$1,304,619
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$27.3M · 807 accts · $1.2M emplr
2023$22.6M · 680 accts · $1.1M emplr
2022$18.7M · 748 accts · $973K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$147,649
Total administrative$147,649
The Greater Philadelphia Health Action, Inc 401(k) match · 2024
Employer contribution per active participant$2,001
Median for plans this size$2,416
2024$2,001 per active participant
2023$1,955 per active participant
2022$1,860 per active participant

Greater Philadelphia Health Action, Inc's 2024 employer contribution ran below the $2,416 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 · 20247
PRINCIPAL LIFE INSURANCE COMPANY · Investment advisory (plan) · Loan processing$132,024
ATLANTIC PENSION SERVICES INC · Contract administrator · Other services$8,125
ASCENSUS · Contract administrator · Other services$7,501
SECRITIES AMERICA ADVISORS, INC. · Investment advisory (plan)indirect comp
OSAIC WEALTH INC · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGMENT · Investment advisory (plan)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect 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$147,649 · 0.59%
2023$117,877 · 0.57%
2022$111,577 · 0.57%
Similar plansHealth Care & Social Assistance · Pennsylvania
Jevs Human Services PA$28.8M · 0.28%
Quality Life Services PA$28.6M · 0.68%
Brockie Healthcare PA$27.2M · 0.06%
Primecare Medical, Inc. PA$26.5M · 0.23%
Living Branches PA$26.5M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237082074 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.