Plan Ledger DOL Form 5500 · updated monthly

Menno Haven, Inc.403(b)

TAX SHELTERED ANNUITY RETIREMENT PLAN OF MENNO HAVEN, INC. · CHAMBERSBURG, PA · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Menno Haven, Inc. reported $60,657 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $1,937 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 0.31% to 0.33%. 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 1,553rd-largest of 3,651 plans among Pennsylvania employers on file, and the 3,738th of 11,911 in health care & social assistance. In 2024, employees put in $1.80 for every $1.00 the employer contributed; active participation has shrunk from 547 to 262 since 2022.

Plan summary
Net assets, end of year$19,659,786
Participants with balances425
Active participants262
Employer contributions$507,442
Employee contributions$913,168
Employer contribution per active participant$1,937
Average account balance$46,258
Benefits paid to participants$1,476,062
Plan auditUnmodified (clean) audit opinion
AuditorRKL LLP
Plan history3
Yearassets · accounts · employer contribution
2024$19.7M · 425 accts · $507K emplr
2023$17.2M · 405 accts · $479K emplr
2022$15.0M · 403 accts · $490K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$59,718
Investment management$139
Total administrative$60,657
Employer contributions to the Menno Haven, Inc. plan · 2024
Employer contribution per active participant$1,937
Median for plans this size$2,416
2024$1,937 per active participant
2023$664 per active participant
2022$895 per active participant

Menno Haven, Inc.'s 2024 employer contribution ran below 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
PFS INVESTMENTS INCindirect 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$60,657 · 0.33%
2023$55,793 · 0.35%
2022$52,111 · 0.31%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Verland PA$20.2M · 0.46%
Premier Therapy LLC PA$20.2M · 0.51%
The Renfrew Centers, Inc. PA$19.8M · 0.39%
Gaudenzia, Inc. PA$19.6M · 0.81%
Dunwoody Village Inc. PA$19.1M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 236276101 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.