Plan Ledger DOL Form 5500 · updated monthly

Home for the Friendless D/B/A Homeland Center401(k)

HOMELAND CENTER 401(K) PLAN · HARRISBURG, PA · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Home for the Friendless D/B/A Homeland Center reported $40,584 in plan administrative expenses for 2024: 0.45% of average plan assets, below the peer median. Employer contributions averaged $256 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 0.68% to 0.45%. 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 (2,326th of 3,651), and the 5,829th of 11,911 in health care & social assistance. In 2024, employees put in $11.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,620,595
Participants with balances312
Active participants284
Employer contributions$72,591
Employee contributions$829,685
Employer contribution per active participant$256
Average account balance$30,835
Benefits paid to participants$1,024,490
Plan auditUnmodified (clean) audit opinion
AuditorRKL LLP
Plan history3
Yearassets · accounts · employer contribution
2024$9.6M · 312 accts · $73K emplr
2023$8.6M · 407 accts · $26K emplr
2022$7.5M · 378 accts · $40K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,584
Total administrative$40,584
The Home for the Friendless D/B/A Homeland Center 401(k) match · 2024
Employer contribution per active participant$256
Median for plans this size$1,313
2024$256 per active participant
2023$89 per active participant
2022$136 per active participant

Home for the Friendless D/B/A Homeland Center's 2024 employer contribution ran below the $1,313 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 · 20244
NATIONWIDE · Contract administrator · Recordkeeping$28,239
LPL FINANCIAL · Investment advisory (plan)$21,092
PA RETIREMENT SOLUTIONS$16,800
IRON FIDUCIARY$1,794

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Nationwide
2023Nationwide

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

Administrative cost history3
2024$40,584 · 0.45%
2023$31,609 · 0.39%
2022$46,310 · 0.68%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Fairmount Homes PA$9.8M · 1.17%
Drugscan, Inc. PA$9.7M · 0.55%
Visioncorps PA$9.7M · 1.28%
Familylinks Inc. PA$9.6M · 0.83%
The Kintock Group Inc. PA$9.6M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231365148 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.