Plan Ledger DOL Form 5500 · updated monthly

Kensington Community Corporation for Individual Dignity403(b)

KENCCID 403(B) RETIREMENT PLAN · PHILADELPHIA, PA · plan year 2024

Reported admin expense ratio · 2024
1.30%

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

Kensington Community Corporation for Individual Dignity reported $21,066 in plan administrative expenses for 2024: 1.30% of average plan assets, higher than ~90% of peers. Employer contributions averaged $896 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 1.91% to 1.30%. 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 (3,373rd of 3,651), and 10,155th of 11,911 in health care & social assistance. In 2024, the employer put in $1.48 for every $1.00 employees contributed themselves; active participation has grown from 155 to 291 since 2022.

Plan summary
Net assets, end of year$1,877,017
Participants with balances120
Active participants291
Employer contributions$260,681
Employee contributions$176,359
Employer contribution per active participant$896
Average account balance$15,642
Benefits paid to participants$124,939
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.9M · 120 accts · $261K emplr
2023$1.4M · 124 accts · $3K emplr
2022$1.4M · 133 accts · $11K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,486
Investment management$682
Trustee / custodial$4,898
Total administrative$21,066
Employer contributions to the Kensington Community Corporation for Individual Dignity plan · 2024
Employer contribution per active participant$896
Median for plans this size$1,313
2024$896 per active participant
2023$23 per active participant
2022$70 per active participant

Kensington Community Corporation for Individual Dignity'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 · 20243
MUTUAL OF AMERICA SEC. CORP LLC · Recordkeeping · Loan processing$18,128
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$2,256
WILSHIRE ASSOCIATES INC. · Named fiduciary$682

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$21,066 · 1.30%
2023$25,947 · 1.90%
2022$24,874 · 1.91%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Senior Health Solutions PA$1.9M · 0.61%
Grane Healthcare Company PA$1.9M · 1.49%
Central Behavioral Health PA$1.9M · 0.79%
Patriot Home Care LLC PA$1.8M · 0.62%
Corecare Systems, Inc. PA$1.8M · 1.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231936980 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.