Plan Ledger DOL Form 5500 · updated monthly

Lycoming-Clinton Counties Comm. for Community Action (Step), Inc.403(b)

STEP, INC. 403(B) PLAN · WILLIAMSPORT, PA · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Lycoming-Clinton Counties Comm. for Community Action (Step), Inc. reported $89,275 in plan administrative expenses for 2024: 0.59% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,780 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 0.56% to 0.59%. 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 1,808th-largest of 3,651 plans among Pennsylvania employers on file, and the 4,393rd of 11,911 in health care & social assistance. In 2024, employees put in $1.32 for every $1.00 the employer contributed; active participation has grown from 251 to 297 since 2022.

Plan summary
Net assets, end of year$15,452,292
Participants with balances372
Active participants297
Employer contributions$528,544
Employee contributions$697,312
Employer contribution per active participant$1,780
Average account balance$41,538
Benefits paid to participants$2,086,537
Plan auditUnmodified (clean) audit opinion
AuditorLARSON, KELLETT, & ASSOC., P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$15.5M · 372 accts · $529K emplr
2023$14.6M · 329 accts · $509K emplr
2022$13.1M · 348 accts · $473K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$89,275
Total administrative$89,275
Employer contributions to the Lycoming-Clinton Counties Comm. for Community Action (Step), Inc. plan · 2024
Employer contribution per active participant$1,780
Median for plans this size$2,416
2024$1,780 per active participant
2023$2,096 per active participant
2022$1,885 per active participant

Lycoming-Clinton Counties Comm. for Community Action (Step), 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
VALLEY FORGE INVESTMENT CONSULTANTSindirect 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$89,275 · 0.59%
2023$71,796 · 0.52%
2022$69,351 · 0.56%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Upmc Altoona PA$15.7M · 0.46%
Lehigh Valley Imaging, LLC PA$15.6M · 0.51%
Waverly Senior Services PA$15.3M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231668784 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.