Plan Ledger DOL Form 5500 · updated monthly

Macelree Harvey, LTD.401(k)

MACELREE, HARVEY, LTD. 401(K) PLAN · WEST CHESTER, PA · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Macelree Harvey, LTD. reported $68,929 in plan administrative expenses for 2024: 0.29% of average plan assets, above the peer median. Employer contributions averaged $6,551 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 0.21% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,350th-largest of 3,651 plans among Pennsylvania employers on file, and the 4,786th of 11,654 in professional & technical services. In 2024, employees put in $1.47 for every $1.00 the employer contributed; active participation has shrunk from 87 to 75 since 2022.

Plan summary
Net assets, end of year$24,825,805
Participants with balances130
Active participants75
Employer contributions$491,333
Employee contributions$722,163
Employer contribution per active participant$6,551
Average account balance$190,968
Benefits paid to participants$1,674,295
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.8M · 130 accts · $491K emplr
2023$22.4M · 140 accts · $462K emplr
2022$19.5M · 139 accts · $434K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,653
Audit (IQPA)$15,000
Trustee / custodial$50,276
Total administrative$68,929
The Macelree Harvey, LTD. 401(k) match · 2024
Employer contribution per active participant$6,551
Median for plans this size$2,416
2024$6,551 per active participant
2023$5,632 per active participant
2022$4,993 per active participant

Macelree Harvey, LTD.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20242
FULTON BANK, N.A. · Recordkeeping · Consulting$70,387
BELFINT, LYONS & SHUMAN, P.A · Accounting / audit$15,000

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

Recordkeeper by year2
2024FULTON BANK, N.A.
2023FULTON BANK, N.A.

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Administrative cost history3
2024$68,929 · 0.29%
2023$46,953 · 0.22%
2022$43,714 · 0.21%
Similar plansProfessional & Technical Services · Pennsylvania
Brentwood Bank PA$24.7M · 0.30%
Key Environmental Inc PA$24.7M · 0.02%
Robson Forensic, Inc. PA$24.2M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232170546 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.