Plan Ledger DOL Form 5500 · updated monthly

Ifc Services, Inc.401(k)

IFC SERVICES 401(K) PROFIT SHARING PLAN · MOUNT UNION, PA · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Ifc Services, Inc. reported $9,725 in plan administrative expenses for 2024: 0.15% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,464 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 0.15%. 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 (2,634th of 3,651), and 6,821st of 11,911 in health care & social assistance. In 2024, employees put in $1.29 for every $1.00 the employer contributed; active participation has grown from 158 to 205 since 2022.

Plan summary
Net assets, end of year$7,094,219
Participants with balances221
Active participants205
Employer contributions$300,184
Employee contributions$387,750
Employer contribution per active participant$1,464
Average account balance$32,101
Benefits paid to participants$123,258
Plan auditUnmodified (clean) audit opinion
AuditorYOUNG OAKES & BROWN CO, PC
Plan history3
Yearassets · accounts · employer contribution
2024$7.1M · 221 accts · $300K emplr
2023$5.6M · 204 accts · $735K emplr
2022$4.3M · 169 accts · $570K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,725
Total administrative$9,725
The Ifc Services, Inc. 401(k) match · 2024
Employer contribution per active participant$1,464
Median for plans this size$1,313
2024$1,464 per active participant
2023$4,174 per active participant
2022$3,609 per active participant

Ifc Services, Inc.'s 2024 employer contribution ran above 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 · 20242
CAPITAL GROUP RETIREMENT PLAN SVCS$1,275
ASSURED PARTNERS CAPITAL INC · Contract administrator$1,050

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$9,725 · 0.15%
2023$9,585 · 0.19%
2022$3,060 · 0.08%
Similar plansHealth Care & Social Assistance · Pennsylvania
Community Guidance Center PA$7.1M · 0.41%
Dollar Energy Fund, Inc. PA$7.1M · 0.03%
Lancaster Ems PA$7.1M · 0.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010581639 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.