Plan Ledger DOL Form 5500 · updated monthly

Living Independence for the Elderly Pittsburgh, Inc401(k)

LIFE PITTSBURGH 401(K) SAVINGS PLAN · PITTSBURGH, PA · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Living Independence for the Elderly Pittsburgh, Inc reported $54,414 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $1,978 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 0.345%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,707th-largest of 3,651 plans among Pennsylvania employers on file, and the 4,159th of 11,911 in health care & social assistance. In 2024, employees put in $1.83 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,824,629
Participants with balances392
Active participants333
Employer contributions$658,655
Employee contributions$1,205,717
Employer contribution per active participant$1,978
Average account balance$42,920
Benefits paid to participants$1,214,249
Plan auditUnmodified (clean) audit opinion
AuditorHILL, BARTH & KING LLC
Plan history3
Yearassets · accounts · employer contribution
2024$16.8M · 392 accts · $659K emplr
2023$14.7M · 413 accts · $635K emplr
2022$13.9M · 423 accts · $600K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,414
Total administrative$54,414
The Living Independence for the Elderly Pittsburgh, Inc 401(k) match · 2024
Employer contribution per active participant$1,978
Median for plans this size$2,416
2024$1,978 per active participant
2023$1,924 per active participant
2022$1,912 per active participant

Living Independence for the Elderly Pittsburgh, Inc's 2024 employer contribution ran below the $2,416 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
LINCOLN NATIONAL CORPORATION · Contract administrator$54,414

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$54,414 · 0.35%
2023$50,317 · 0.35%
2022$45,884 · 0.35%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Pinnacle Physicians, P.C. PA$17.0M · 0.61%
Spark Dso LLC PA$16.9M · 0.07%
Meadowood Corporation PA$16.8M · 0.53%
Stairways Behavioral Health PA$16.6M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251815436 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.