Plan Ledger DOL Form 5500 · updated monthly

Medical Associates of the Lehigh Valley, P.C.401(k)

MEDICAL ASSOCIATES OF THE LEHIGH VALLEY PC RETIREMENT & SAVINGS PLAN · ALLENTOWN, PA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Medical Associates of the Lehigh Valley, P.C. reported $17,414 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,005 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 0.043%. 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 923rd-largest of 3,651 plans among Pennsylvania employers on file, and the 2,164th of 11,911 in health care & social assistance. In 2024, employees put in $1.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$41,793,876
Participants with balances204
Active participants191
Employer contributions$955,911
Employee contributions$1,323,691
Employer contribution per active participant$5,005
Average account balance$204,872
Benefits paid to participants$3,819,102
Plan auditUnmodified (clean) audit opinion
AuditorHERBEIN & COMPANY, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$41.8M · 204 accts · $956K emplr
2023$39.4M · 211 accts · $954K emplr
2022$35.0M · 209 accts · $844K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,250
Investment management$15,250
Audit (IQPA)$236
Total administrative$17,414
The Medical Associates of the Lehigh Valley, P.C. 401(k) match · 2024
Employer contribution per active participant$5,005
Median for plans this size$2,416
2024$5,005 per active participant
2023$5,048 per active participant
2022$4,514 per active participant

Medical Associates of the Lehigh Valley, P.C.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
HERBEIN AND COMPANY, INC.$15,250

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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

Administrative cost history3
2024$17,414 · 0.04%
2023$17,100 · 0.05%
2022$15,650 · 0.04%
Similar plansHealth Care & Social Assistance · Pennsylvania
Hospice & Community Care PA$42.6M · 0.17%
Melmark, Inc. PA$41.1M · 0.14%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 232745779 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.