Plan Ledger DOL Form 5500 · updated monthly

Intercommunity Action, Inc.401(k)

INTERACT RETIREMENT PLAN · PHILADELPHIA, PA · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

Intercommunity Action, Inc. reported $50,396 in plan administrative expenses for 2024: 0.64% of average plan assets, above the peer median. Employer contributions averaged $1,115 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 3 years on file its reported administrative ratio has held roughly steady near 0.64%. 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 (2,500th of 3,651), and 6,388th of 11,911 in health care & social assistance. In 2024, employees put in $1.53 for every $1.00 the employer contributed; active participation has grown from 178 to 202 since 2022.

Plan summary
Net assets, end of year$8,148,455
Participants with balances271
Active participants202
Employer contributions$225,252
Employee contributions$344,355
Employer contribution per active participant$1,115
Average account balance$30,068
Benefits paid to participants$962,201
Plan auditUnmodified (clean) audit opinion
AuditorDUNLAPSLK
Plan history3
Yearassets · accounts · employer contribution
2024$8.1M · 271 accts · $225K emplr
2023$7.7M · 251 accts · $230K emplr
2022$6.7M · 223 accts · $191K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,290
Investment management$22,106
Total administrative$50,396
The Intercommunity Action, Inc. 401(k) match · 2024
Employer contribution per active participant$1,115
Median for plans this size$1,313
2024$1,115 per active participant
2023$1,185 per active participant
2022$1,071 per active participant

Intercommunity Action, Inc.'s 2024 employer contribution ran below 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
NEWPORT GROUP, INC. · Loan processing · Recordkeeping$28,290
CONCURRENT ADVISORS · Investment advisory (plan)$22,106

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$50,396 · 0.64%
2023$44,720 · 0.62%
2022$42,506 · 0.67%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Fayette Resources, Inc. PA$8.4M · 1.05%
The Shadowfax Corporation PA$8.4M · 0.76%
The Bradley Center PA$8.3M · 0.88%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231875249 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.