Plan Ledger DOL Form 5500 · updated monthly

Meadowood Corporation403(b)

MEADOWOOD CORPORATION 403(B) RETIREMENT PLAN · WORCESTER, PA · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Meadowood Corporation reported $81,550 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $903 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 3 years on file its reported administrative ratio has held roughly steady near 0.53%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,708th-largest of 3,651 plans among Pennsylvania employers on file, and the 4,160th of 11,911 in health care & social assistance. In 2024, employees put in $2.37 for every $1.00 the employer contributed; active participation has grown from 269 to 460 since 2022.

Plan summary
Net assets, end of year$16,820,467
Participants with balances232
Active participants460
Employer contributions$415,460
Employee contributions$984,881
Employer contribution per active participant$903
Average account balance$72,502
Benefits paid to participants$806,430
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.8M · 232 accts · $415K emplr
2023$14.2M · 207 accts · $403K emplr
2022$11.5M · 208 accts · $388K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$81,550
Total administrative$81,550
Employer contributions to the Meadowood Corporation plan · 2024
Employer contribution per active participant$903
Median for plans this size$2,416
2024$903 per active participant
2023$1,919 per active participant
2022$1,441 per active participant

Meadowood Corporation's 2024 employer contribution ran below the $2,416 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 · 20241
NFP RETIREMENT INC.indirect comp

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

Administrative cost history3
2024$81,550 · 0.53%
2023$64,813 · 0.51%
2022$65,633 · 0.54%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Pinnacle Physicians, P.C. PA$17.0M · 0.61%
Spark Dso LLC PA$16.9M · 0.07%
Stairways Behavioral Health PA$16.6M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222229486 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.