Plan Ledger DOL Form 5500 · updated monthly

Malvern Health, Inc.401(k)

MALVERN HEALTH 401(K) PLAN · BLUE BELL, PA · plan year 2024

Reported admin expense ratio · 2024
0.90%

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

Malvern Health, Inc. reported $48,601 in plan administrative expenses for 2024: 0.90% of average plan assets, higher than ~75% of peers. Employer contributions averaged $181 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 fell from 1.03% to 0.90%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Pennsylvania (2,729th of 3,651), and 7,288th of 11,911 in health care & social assistance. In 2024, employees put in $7.62 for every $1.00 the employer contributed; active participation has grown from 425 to 561 since 2022.

Plan summary
Net assets, end of year$6,122,317
Participants with balances242
Active participants561
Employer contributions$101,608
Employee contributions$774,484
Employer contribution per active participant$181
Average account balance$25,299
Benefits paid to participants$384,968
Plan auditDisclaimer of opinion
AuditorBACHELER & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$6.1M · 242 accts · $102K emplr
2023$4.7M · 204 accts · $81K emplr
2022$3.8M · 181 accts · $78K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,566
Investment management$25,035
Total administrative$48,601
The Malvern Health, Inc. 401(k) match · 2024
Employer contribution per active participant$181
Median for plans this size$1,313
2024$181 per active participant
2023$173 per active participant
2022$183 per active participant

Malvern Health, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$23,566
LPL FINANCIAL · Investment advisory (plan)$25,035

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$48,601 · 0.90%
2023$42,126 · 0.99%
2022$42,624 · 1.03%
Similar plansHealth Care & Social Assistance · Pennsylvania
Child Development, Inc. PA$6.3M · 0.05%
Homestead Village, Inc PA$6.2M · 0.48%
Hamilton Health Center PA$6.2M · 0.75%
Highlands Hospital PA$6.0M · 0.40%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 232027109 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.