Plan Ledger DOL Form 5500 · updated monthly

Maybrook-C Opco Holdings401(k)

THE GROVES 401(K) PLAN · HARMONY, PA · plan year 2023

Reported admin expense ratio · 2023
1.13%

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

Maybrook-C Opco Holdings reported $40,067 in plan administrative expenses for 2023: 1.13% of average plan assets, higher than ~75% of peers. Employer contributions averaged $176 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 0.99% to 2.16%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Pennsylvania (3,031st of 3,651), and 8,592nd of 11,911 in health care & social assistance. In 2023, employees put in $3.64 for every $1.00 the employer contributed; active participation has shrunk from 705 to 626 since 2022.

Plan summary
Net assets, end of year$3,936,849
Participants with balances193
Active participants626
Employer contributions$110,336
Employee contributions$401,555
Employer contribution per active participant$176
Average account balance$20,398
Benefits paid to participants$277,101
Plan auditUnmodified (clean) audit opinion
AuditorBLATT & DAUMAN. LLP
Plan history3
Yearassets · accounts · employer contribution
2024$1.1M · 91 accts · $83K emplr
2023$3.9M · 193 accts · $110K emplr
2022$3.2M · 197 accts · $109K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$37,481
Investment management$711
Total administrative$40,067
The Maybrook-C Opco Holdings 401(k) match · 2023
Employer contribution per active participant$176
Median for plans this size$1,308
2024$5,169 per active participant
2023$176 per active participant
2022$155 per active participant

Maybrook-C Opco Holdings's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
JOHN HANCOCK USA · Recordkeeping · Investment management$1,175

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$54,374 · 2.16%
2023$40,067 · 1.13%
2022$36,974 · 0.99%
Similar plansHealth Care & Social Assistance · Pennsylvania
Community Health Net PA$4.0M · 0.88%
Self Help Movement Inc. PA$3.9M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810752511 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.