Plan Ledger DOL Form 5500 · updated monthly

Lancaster Urology, PC401(k)

KEYSTONE UROLOGY SPECIALISTS RETIREMENT PLAN · LANCASTER, PA · plan year 2023

Reported admin expense ratio · 2023
0.38%

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

Lancaster Urology, PC reported $40,213 in plan administrative expenses for 2023: 0.38% of average plan assets, above the peer median. Employer contributions averaged $6,297 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 1 year on file its reported administrative ratio rose from 0.29% to 0.38%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Pennsylvania (2,132nd of 3,651), and the 5,226th of 11,911 in health care & social assistance. In 2023, the employer put in $1.21 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$11,742,234
Participants with balances130
Active participants91
Employer contributions$573,066
Employee contributions$475,111
Employer contribution per active participant$6,297
Average account balance$90,325
Benefits paid to participants$388,389
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $691K emplr
2023$11.7M · 130 accts · $573K emplr
2022$9.2M · 114 accts · $595K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$17,113
Investment management$23,100
Total administrative$40,213
The Lancaster Urology, PC 401(k) match · 2023
Employer contribution per active participant$6,297
Median for plans this size$2,440
2023$6,297 per active participant
2022$6,615 per active participant

Lancaster Urology, PC's 2023 employer contribution ran above the $2,440 median for plans its size, placing it in the top 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 · 20233
ADP, INC. · Loan processing · Recordkeeping$18,213
GLOBAL RETIREMENT PARTNERS · Recordkeeping · Trustee$11,000
ADP BROKER-DEALERindirect 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
2024ADP, GLOBAL RETIREMENT PARTNERS
2023ADP, GLOBAL RETIREMENT PARTNERS

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

Administrative cost history3
2024Not separately reported
2023$40,213 · 0.38%
2022$29,491 · 0.29%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Prospectus/Berco PA$12.1M · 0.53%
Brethren Village PA$11.8M · 0.04%
Philadelphia Works, Inc. PA$11.7M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231740524 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.