Plan Ledger DOL Form 5500 · updated monthly

Lawrence County Association for Responsible Care401(k)

LCARC 401(K) PLAN · NEW CASTLE, PA · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Lawrence County Association for Responsible Care reported $32,227 in plan administrative expenses for 2024: 0.49% of average plan assets, below the peer median. Employer contributions averaged $5,560 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 0.487%. 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 (2,670th of 3,651), and 7,012th of 11,911 in health care & social assistance. In 2024, the employer put in $3.98 for every $1.00 employees contributed themselves; active participation has shrunk from 73 to 65 since 2022.

Plan summary
Net assets, end of year$6,701,713
Participants with balances103
Active participants65
Employer contributions$361,390
Employee contributions$90,706
Employer contribution per active participant$5,560
Average account balance$65,065
Benefits paid to participants$953,306
Plan auditUnmodified (clean) audit opinion
AuditorPACKER THOMAS AND COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$6.7M · 103 accts · $361K emplr
2023$6.5M · 103 accts · $363K emplr
2022$6.1M · 107 accts · $400K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,227
Total administrative$32,227
The Lawrence County Association for Responsible Care 401(k) match · 2024
Employer contribution per active participant$5,560
Median for plans this size$1,313
2024$5,560 per active participant
2023$5,580 per active participant
2022$5,477 per active participant

Lawrence County Association for Responsible Care's 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
ALERUS FINANCIAL, N.A. · Recordkeeping · Trustee$32,227

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

Recordkeeper by year2
2024Alerus
2023Alerus

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

Administrative cost history3
2024$32,227 · 0.49%
2023$29,007 · 0.46%
2022$27,884 · 0.49%
Similar plansHealth Care & Social Assistance · Pennsylvania
The Advocacy Alliance PA$6.7M · 0.62%
Kids Count, Inc. PA$6.7M · 0.03%
Firetree LTD. PA$6.5M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251099969 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.