Plan Ledger DOL Form 5500 · updated monthly

Lenape Valley Foundation403(b)

LENAPE VALLEY FOUNDATION 403B PLAN · DOYLESTOWN, PA · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Lenape Valley Foundation reported $64,302 in plan administrative expenses for 2024: 0.60% of average plan assets, higher than ~75% of peers. Employer contributions averaged $633 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 0.601%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Pennsylvania (2,151st of 3,651), and 1,995th of 3,091 in educational services. In 2024, employees put in $2.81 for every $1.00 the employer contributed; active participation has grown from 350 to 391 since 2022.

Plan summary
Net assets, end of year$11,496,603
Participants with balances317
Active participants391
Employer contributions$247,478
Employee contributions$695,717
Employer contribution per active participant$633
Average account balance$36,267
Benefits paid to participants$748,008
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.5M · 317 accts · $247K emplr
2023$9.9M · 301 accts · $199K emplr
2022$9.1M · 219 accts · $350K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$64,302
Total administrative$64,302
Employer contributions to the Lenape Valley Foundation plan · 2024
Employer contribution per active participant$633
Median for plans this size$2,416
2024$633 per active participant
2023$859 per active participant
2022$1,000 per active participant

Lenape Valley Foundation's 2024 employer contribution ran below the $2,416 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 · 20244
NFP RETIREMENT INC · Investment advisory (plan) · Contract administrator$25,031
NFP CORPORATE SERVICES (PA) INC · Contract administrator · Investment advisory (plan)$7,632
EMPOWER ADVISORY GROUP LLC · Investment management$201

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$64,302 · 0.60%
2023$58,573 · 0.62%
2022$50,127 · 0.60%
Same employer
Similar plansEducational Services · Pennsylvania
Wesley Spectrum Services PA$12.7M · 0.00%
The Barnes Foundation PA$12.4M · 0.32%
The Pathway School PA$12.4M · 0.00%
Nursing Abc, Inc. PA$10.3M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231914438 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.