Plan Ledger DOL Form 5500 · updated monthly

Lifequest, Inc.403(b)

LIFEQUEST, INC. 403(B) RETIREMENT PLAN · QUAKERTOWN, PA · plan year 2024

Reported admin expense ratio · 2024
1.62%

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

Lifequest, Inc. reported $36,431 in plan administrative expenses for 2024: 1.62% of average plan assets, higher than ~90% of peers. Employer contributions averaged $343 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 1.50% to 1.62%. 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 (3,271st of 3,651), and 9,686th of 11,911 in health care & social assistance. In 2024, employees put in $2.42 for every $1.00 the employer contributed; active participation has grown from 249 to 342 since 2022.

Plan summary
Net assets, end of year$2,429,680
Participants with balances155
Active participants342
Employer contributions$117,169
Employee contributions$283,588
Employer contribution per active participant$343
Average account balance$15,675
Benefits paid to participants$271,595
Plan auditUnmodified (clean) audit opinion
AuditorCAMPBELL, RAPPOLD & YURASITS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$2.4M · 155 accts · $117K emplr
2023$2.1M · 145 accts · $93K emplr
2022$1.5M · 122 accts · $90K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,431
Total administrative$36,431
Employer contributions to the Lifequest, Inc. plan · 2024
Employer contribution per active participant$343
Median for plans this size$1,313
2024$343 per active participant
2023$331 per active participant
2022$362 per active participant

Lifequest, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$36,430
KESTRA ADVISORY SERVICES, LLC · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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$36,431 · 1.62%
2023$27,601 · 1.53%
2022$23,834 · 1.50%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Mapa Operating, LLC PA$2.5M · 1.37%
Family Services, Inc. PA$2.4M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061097850 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.