Plan Ledger DOL Form 5500 · updated monthly

Harleysville Bank401(k)

HARLEYSVILLE BANK 401(K) PLAN · HARLEYSVILLE, PA · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Harleysville Bank reported $25,576 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,547 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 rose from 0.08% to 0.11%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,348th-largest of 3,651 plans among Pennsylvania employers on file, and 2,711th of 4,798 in finance & insurance. In 2024, employees put in $1.04 for every $1.00 the employer contributed; active participation has grown from 102 to 115 since 2022.

Plan summary
Net assets, end of year$24,891,876
Participants with balances142
Active participants115
Employer contributions$522,931
Employee contributions$543,430
Employer contribution per active participant$4,547
Average account balance$175,295
Benefits paid to participants$1,598,865
Plan auditUnmodified (clean) audit opinion
AuditorS.R. SNODGRASS, PC
Plan history3
Yearassets · accounts · employer contribution
2024$24.9M · 142 accts · $523K emplr
2023$22.4M · 131 accts · $511K emplr
2022$20.4M · 130 accts · $476K emplr
Administrative expenses, itemized · 2024
Investment management$25,576
Total administrative$25,576
The Harleysville Bank 401(k) match · 2024
Employer contribution per active participant$4,547
Median for plans this size$2,416
2024$4,547 per active participant
2023$4,964 per active participant
2022$4,665 per active participant

Harleysville Bank's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20242
VALLEY FORGE INVESTMENT CONSULTANTS · Investment advisory (participants) · Investment advisory (plan)$19,272
VALLEY FORGE PENSION MANAGEMENT$6,300

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$25,576 · 0.11%
2023$17,905 · 0.08%
2022$18,444 · 0.08%
Similar plansFinance & Insurance · Pennsylvania
Washington Financial Bank PA$26.1M · 0.00%
Kish Bank PA$23.8M · 0.18%
Trc Payroll, I, LLC PA$23.4M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 230672875 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.