Malvern Bank, National Association401(k)
MALVERN BANK, NATIONAL ASSOCIATION EMPLOYEES' SAVINGS & PROFIT SHARING PLAN AND TRUST · PAOLI, PA · plan year 2022
Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works
Malvern Bank, National Association reported $4,350 in plan administrative expenses for 2022: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,605 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.
The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Pennsylvania (2,751st of 3,651), and 4,382nd of 4,798 in finance & insurance. In 2022, employees put in $3.02 for every $1.00 the employer contributed.
Malvern Bank, National Association's 2022 employer contribution ran above the $1,114 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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 230835060 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.