Plan Ledger DOL Form 5500 · updated monthly

Manchester Bidwell Corporation403(b)

MANCHESTER BIDWELL CORPORATION 403(B) PLAN · PITTSBURGH, PA · plan year 2023

Reported admin expense ratio · 2023
0.46%

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

Manchester Bidwell Corporation reported $59,007 in plan administrative expenses for 2023: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,710 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 0.45% to 0.53%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Pennsylvania (2,000th of 3,651), and 1,906th of 3,091 in educational services. In 2023, employees put in $1.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,211,986
Participants with balances217
Active participants80
Employer contributions$296,837
Employee contributions$412,696
Employer contribution per active participant$3,710
Average account balance$60,885
Benefits paid to participants$1,020,496
Plan auditDisclaimer of opinion
AuditorGROSSMAN YANAK & FORD LLP
Plan history3
Yearassets · accounts · employer contribution
2024$12.8M · 241 accts · $291K emplr
2023$13.2M · 217 accts · $297K emplr
2022$12.2M · 223 accts · $296K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$8,929
Investment management$45,819
Trustee / custodial$4,259
Total administrative$59,007
Employer contributions to the Manchester Bidwell Corporation plan · 2023
Employer contribution per active participant$3,710
Median for plans this size$2,440
2024$3,460 per active participant
2023$3,710 per active participant
2022$3,749 per active participant

Manchester Bidwell Corporation's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
SCHNEIDER DOWNS RET. SOLUTIONS · Recordkeeping$8,929
SCHNEIDER DOWNS WEALTH MGMT ADV. · Investment advisory (participants) · Investment advisory (plan)$45,819

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

Recordkeeper by year2
2024SCHNEIDER DOWNS RET. SOLUTIONS
2023SCHNEIDER DOWNS RET. SOLUTIONS

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

Administrative cost history3
2024$68,347 · 0.53%
2023$59,007 · 0.46%
2022$52,434 · 0.45%
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%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251842945 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.