Plan Ledger DOL Form 5500 · updated monthly

Intercultural Family Services, Inc.401(k)

INTERCULTURAL FAMILY SERVICES, INC. 401(K) PLAN · PHILADELPHIA, PA · plan year 2023

Reported admin expense ratio · 2023
0.11%

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

Intercultural Family Services, Inc. reported $1,129 in plan administrative expenses for 2023: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $450 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 0.94% to 0.35%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Pennsylvania (3,504th of 3,651), and 10,828th of 11,911 in health care & social assistance. In 2023, employees put in $2.98 for every $1.00 the employer contributed; active participation has grown from 71 to 83 since 2022.

Plan summary
Net assets, end of year$1,081,646
Participants with balances183
Active participants83
Employer contributions$37,314
Employee contributions$111,299
Employer contribution per active participant$450
Average account balance$5,911
Benefits paid to participants$154,807
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.1M · 124 accts · $41K emplr
2023$1.1M · 183 accts · $37K emplr
2022$958K · 130 accts · $31K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$1,129
Total administrative$1,129
The Intercultural Family Services, Inc. 401(k) match · 2023
Employer contribution per active participant$450
Median for plans this size$1,308
2024$601 per active participant
2023$450 per active participant
2022$440 per active participant

Intercultural Family Services, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20236
NATIONWIDE · Recordkeeping$4,525
PB&H BENEFITS LLC · Plan administrator · Pension consulting$789
IRON-CO-FID-3(21) · Investment advisory (participants)$102
MML INSURANCE AGENCY, LLC · Investment advisory (participants) · Investment advisory (plan)indirect comp
NATIONWIDE · Investment advisory (participants)indirect comp
NATIONWIDE · Investment advisory (participants)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
2024Nationwide
2023Nationwide

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

Administrative cost history3
2024$3,742 · 0.35%
2023$1,129 · 0.11%
2022$9,272 · 0.94%
Similar plansHealth Care & Social Assistance · Pennsylvania
Signallamp Health, Inc. PA$1.1M · 0.20%
Gaudenzia Drc PA$1.1M · 0.78%
Bmg Circle of Life, LLC PA$1.0M · 0.46%
Clarview Rest Home, Inc. PA$969K · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232311676 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.