Plan Ledger DOL Form 5500 · updated monthly

Grove Manor401(k)

GROVE MANOR 401K PLAN · GROVE CITY, PA · plan year 2024

Reported admin expense ratio · 2024
1.46%

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

Grove Manor reported $42,295 in plan administrative expenses for 2024: 1.46% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,120 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 1.46%. 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 (3,184th of 3,651), and 9,278th of 11,911 in health care & social assistance. In 2024, employees put in $1.08 for every $1.00 the employer contributed; active participation has grown from 169 to 200 since 2022.

Plan summary
Net assets, end of year$2,981,874
Participants with balances161
Active participants200
Employer contributions$223,946
Employee contributions$240,912
Employer contribution per active participant$1,120
Average account balance$18,521
Benefits paid to participants$611,425
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.0M · 161 accts · $224K emplr
2023$2.8M · 172 accts · $217K emplr
2022$2.8M · 190 accts · $226K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,663
Investment management$18,497
Total administrative$42,295
The Grove Manor 401(k) match · 2024
Employer contribution per active participant$1,120
Median for plans this size$1,313
2024$1,120 per active participant
2023$1,194 per active participant
2022$1,335 per active participant

Grove Manor's 2024 employer contribution ran below the $1,313 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
ASCENSUS · Recordkeeping · Custodial$18,891
CETERA ADVISOR NETWORKS · Pension consulting · Investment advisory (participants)$17,617
BAKER TILLY VANTAGEN LLC · Pension consulting$5,200

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
2023Ascensus

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

Administrative cost history3
2024$42,295 · 1.46%
2023$44,240 · 1.56%
2022$47,448 · 1.44%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Family Support Services PA$3.1M · 0.50%
Keystonecare PA$3.1M · 1.16%
Tyrone Hospital PA$2.8M · 1.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251201255 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.