Plan Ledger DOL Form 5500 · updated monthly

Lifeswork of Western PA403(b)

403B THRIFT PLAN FOR LIFE'SWORK OF WESTERN PA · PITTSBURGH, PA · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Lifeswork of Western PA reported $1,694 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,358 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 0.02% to 0.05%. 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 (3,118th of 3,651), and 8,987th of 11,911 in health care & social assistance. In 2024, employees put in $1.76 for every $1.00 the employer contributed; active participation has shrunk from 145 to 85 since 2022.

Plan summary
Net assets, end of year$3,375,994
Participants with balances193
Active participants85
Employer contributions$115,465
Employee contributions$202,780
Employer contribution per active participant$1,358
Average account balance$17,492
Benefits paid to participants$366,395
Plan auditDisclaimer of opinion
AuditorSISTERSON & CO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$3.4M · 193 accts · $115K emplr
2023$3.1M · 170 accts · $106K emplr
2022$2.5M · 161 accts · $99K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,694
Total administrative$1,694
Employer contributions to the Lifeswork of Western PA plan · 2024
Employer contribution per active participant$1,358
Median for plans this size$1,313
2024$1,358 per active participant
2023$1,201 per active participant
2022$680 per active participant

Lifeswork of Western PA's 2024 employer contribution ran above 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 · 20241
MUTUAL OF AMERICA INVESTMENT CORP. · Loan processing · Claims processing$2,462

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$1,694 · 0.05%
2023$2,271 · 0.08%
2022$552 · 0.02%
Similar plansHealth Care & Social Assistance · Pennsylvania
Stacy Lane, D.O., LLC PA$3.5M · 0.49%
Bethany Childrens Home PA$3.4M · 0.67%
Livengrin Foundation PA$3.3M · 1.27%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 250969438 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.