Plan Ledger DOL Form 5500 · updated monthly

Hope Enterprises, Inc.403(b)

HOPE ENTERPRISES, INC. RETIREMENT PLAN · WILLIAMSPORT, PA · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Hope Enterprises, Inc. reported $85,518 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,081 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 0.43% to 0.48%. 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 1,592nd-largest of 3,651 plans among Pennsylvania employers on file, and the 3,829th of 11,911 in health care & social assistance. In 2024, employees put in $1.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,988,765
Participants with balances595
Active participants325
Employer contributions$676,397
Employee contributions$855,996
Employer contribution per active participant$2,081
Average account balance$31,914
Benefits paid to participants$1,628,780
Plan auditUnmodified (clean) audit opinion
AuditorMAHER DUESSEL
Plan history3
Yearassets · accounts · employer contribution
2024$19.0M · 595 accts · $676K emplr
2023$16.9M · 579 accts · $558K emplr
2022$15.9M · 420 accts · $593K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$85,518
Total administrative$85,518
Employer contributions to the Hope Enterprises, Inc. plan · 2024
Employer contribution per active participant$2,081
Median for plans this size$2,416
2024$2,081 per active participant
2023$1,617 per active participant
2022$1,735 per active participant

Hope Enterprises, 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 · 20244
TIAA-TEACHERS INS AND ANNUITY ASSN · Recordkeeping · Custodial (securities)$521
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$84,799
PA RETIREMENT SOLUTIONS · Contract administrator · Other services$200
STONEBRIDGE FINANCIAL GROUP,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.

Recordkeeper by year2
2024TIAA
2023TIAA

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

Administrative cost history3
2024$85,518 · 0.48%
2023$80,104 · 0.49%
2022$64,664 · 0.43%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Dunwoody Village Inc. PA$19.1M · 0.29%
Pinnacle Ent Alliance, LLC PA$18.5M · 0.50%
Invision Human Services PA$18.4M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232303287 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.