Plan Ledger DOL Form 5500 · updated monthly

Luzerne County Headstart, Inc.401(k)

LUZERNE COUNTY HEADSTART, INC. RETIREMENT PLAN · WILKES BARRE, PA · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Luzerne County Headstart, Inc. reported $40,172 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $2,460 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 0.09% to 0.34%. 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 (2,058th of 3,651), and 1,937th of 3,091 in educational services. In 2024, the employer put in $1.71 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$12,546,634
Participants with balances243
Active participants216
Employer contributions$531,428
Employee contributions$310,141
Employer contribution per active participant$2,460
Average account balance$51,632
Benefits paid to participants$887,043
Plan auditUnmodified (clean) audit opinion
AuditorSNYDER & CLEMENTE ACCTS & CONSULTIN
Plan history3
Yearassets · accounts · employer contribution
2024$12.5M · 243 accts · $531K emplr
2023$11.3M · 269 accts · $1.1M emplr
2022$9.4M · 272 accts · $930K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,282
Investment management$16,890
Total administrative$40,172
The Luzerne County Headstart, Inc. 401(k) match · 2024
Employer contribution per active participant$2,460
Median for plans this size$2,416
2024$2,460 per active participant
2023$5,324 per active participant
2022$4,042 per active participant

Luzerne County Headstart, Inc.'s 2024 employer contribution ran above 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 · 20242
JOHN HANCOCK · Investment advisory (participants) · Recordkeeping$40,172
CAMBRIDGE INVESTMENT RESEARCH, INC. · Investment advisory (plan)$16,890

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

Recordkeeper by year2
2024John Hancock
2023CAMBRIDGE INVESTMENT RESEARCH, INC., John Hancock

This plan has changed recordkeepers within these filings. If you left Luzerne County Headstart, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$40,172 · 0.34%
2023$34,159 · 0.33%
2022$9,334 · 0.09%
Same employer
Similar plansEducational Services · Pennsylvania
Friendship Academy PA$13.3M · 0.01%
Folium, Inc. PA$12.9M · 0.79%
Wesley Spectrum Services PA$12.7M · 0.00%
The Barnes Foundation PA$12.4M · 0.32%
The Pathway School PA$12.4M · 0.00%
Lenape Valley Foundation PA$11.5M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232038753 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.