Plan Ledger DOL Form 5500 · updated monthly

Kencrest Services, Inc.403(b)

KENCREST SERVICES 403(B) RETIREMENT PLAN · BLUE BELL, PA · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

Kencrest Services, Inc. reported $286,395 in plan administrative expenses for 2024: 0.54% of average plan assets, higher than ~90% of peers. Employer contributions averaged $740 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 0.47% to 0.54%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 728th-largest of 3,651 plans among Pennsylvania employers on file, and the 1,731st of 11,911 in health care & social assistance. In 2024, employees put in $1.94 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$54,806,518
Participants with balances1,163
Active participants1,640
Employer contributions$1,214,201
Employee contributions$2,357,232
Employer contribution per active participant$740
Average account balance$47,125
Benefits paid to participants$5,601,546
Plan auditUnmodified (clean) audit opinion
AuditorWITHUM SMITH AND BROWN
Plan history3
Yearassets · accounts · employer contribution
2024$54.8M · 1,163 accts · $1.2M emplr
2023$50.8M · 1,170 accts · $1.0M emplr
2022$46.7M · 1,177 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$286,395
Total administrative$286,395
Employer contributions to the Kencrest Services, Inc. plan · 2024
Employer contribution per active participant$740
Median for plans this size$3,635
2024$740 per active participant
2023$624 per active participant
2022$714 per active participant

Kencrest Services, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20241
VALIC RETIREMENT SERVICES CO · Custodial (securities) · Investment advisory (participants)$268,171

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$286,395 · 0.54%
2023$237,997 · 0.49%
2022$238,847 · 0.47%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Richard J. Caron Foundation PA$61.0M · 0.02%
Keystone Human Services PA$59.5M · 0.60%
Glen Mills Schools PA$54.1M · 0.15%
Woods Services, Inc. PA$53.3M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251439925 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.