Plan Ledger DOL Form 5500 · updated monthly

McKonly & Asbury, Certified Public Accountants401(k)

MCKONLY & ASBURY, C.P.A. DEFERRED SAVINGS PROFIT SHARING PLAN · CAMP HILL, PA · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

McKonly & Asbury, Certified Public Accountants reported $79,624 in plan administrative expenses for 2024: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,563 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 0.38% to 0.46%. 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 1,602nd-largest of 3,651 plans among Pennsylvania employers on file, and the 5,789th of 11,654 in professional & technical services. In 2024, employees put in $3.49 for every $1.00 the employer contributed; active participation has grown from 92 to 125 since 2022.

Plan summary
Net assets, end of year$18,674,120
Participants with balances150
Active participants125
Employer contributions$320,407
Employee contributions$1,117,161
Employer contribution per active participant$2,563
Average account balance$124,494
Benefits paid to participants$1,065,015
Plan auditUnmodified (clean) audit opinion
AuditorBERMAN HOPKINS CPAS AND ASSOCIATES,
Plan history3
Yearassets · accounts · employer contribution
2024$18.7M · 150 accts · $320K emplr
2023$15.9M · 132 accts · $84K emplr
2022$12.4M · 123 accts · $76K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,677
Investment management$48,747
Audit (IQPA)$2,200
Total administrative$79,624
The McKonly & Asbury, Certified Public Accountants 401(k) match · 2024
Employer contribution per active participant$2,563
Median for plans this size$2,416
2024$2,563 per active participant
2023$800 per active participant
2022$829 per active participant

McKonly & Asbury, Certified Public Accountants's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PCS RETIREMENT, LLC · Claims processing · Contract administrator$25,878
JFS WEALTH ADVISORS · Consulting · Investment advisory (participants)$27,654

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

Recordkeeper by year2
2024PCS Retirement
2023PCS Retirement

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

Administrative cost history3
2024$79,624 · 0.46%
2023$52,073 · 0.37%
2022$51,092 · 0.38%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 231909723 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.