Plan Ledger DOL Form 5500 · updated monthly

Guardian Healthcare401(k)

GUARDIAN ELDER CARE, LLC'S 401(K) PLAN · BROCKWAY, PA · plan year 2023

Reported admin expense ratio · 2023
0.39%

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

Guardian Healthcare reported $189,610 in plan administrative expenses for 2023: 0.39% of average plan assets, above the peer median. Employer contributions averaged $30 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 0.65% to 0.48%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 774th-largest of 3,651 plans among Pennsylvania employers on file, and the 1,857th of 11,911 in health care & social assistance. In 2023, employees put in $43.92 for every $1.00 the employer contributed; active participation has shrunk from 3,349 to 2,318 since 2022.

Plan summary
Net assets, end of year$50,738,240
Participants with balances2,606
Active participants2,318
Employer contributions$70,552
Employee contributions$3,098,559
Employer contribution per active participant$30
Average account balance$19,470
Benefits paid to participants$7,850,767
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$45.2M · 2,362 accts · $161K emplr
2023$50.7M · 2,606 accts · $71K emplr
2022$47.7M · 2,712 accts · $27K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$189,610
Total administrative$189,610
The Guardian Healthcare 401(k) match · 2023
Employer contribution per active participant$30
Median for plans this size$2,440
2024$187 per active participant
2023$30 per active participant
2022$8 per active participant

Guardian Healthcare's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
FIDELITY MANAGEMENT TRUST COMPANY · Plan administrator · Trustee (discretionary)$189,610

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$231,627 · 0.48%
2023$189,610 · 0.39%
2022$357,756 · 0.65%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Woods Services, Inc. PA$53.3M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251853053 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.