Plan Ledger DOL Form 5500 · updated monthly

Mental Health Partnerships403(b)

MENTAL HEALTH PARTNERSHIPS TAX SHELTERED ANNUITY PLAN · PHILADELPHIA, PA · plan year 2024

Reported admin expense ratio · 2024
0.94%

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

Mental Health Partnerships reported $58,747 in plan administrative expenses for 2024: 0.94% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,018 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 0.89% to 0.94%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Pennsylvania (2,685th of 3,651), and 7,077th of 11,911 in health care & social assistance. In 2024, employees put in $1.54 for every $1.00 the employer contributed; active participation has grown from 150 to 183 since 2022.

Plan summary
Net assets, end of year$6,548,082
Participants with balances224
Active participants183
Employer contributions$186,350
Employee contributions$287,191
Employer contribution per active participant$1,018
Average account balance$29,233
Benefits paid to participants$668,094
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.5M · 224 accts · $186K emplr
2023$5.9M · 204 accts · $160K emplr
2022$5.3M · 187 accts · $155K emplr
Administrative expenses, itemized · 2024
Investment management$12,070
Total administrative$58,747
Employer contributions to the Mental Health Partnerships plan · 2024
Employer contribution per active participant$1,018
Median for plans this size$1,313
2024$1,018 per active participant
2023$929 per active participant
2022$1,031 per active participant

Mental Health Partnerships's 2024 employer contribution ran below the $1,313 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 · 20241
BENEFIT PLANS ADMINISTRATIVE SVCS · Recordkeeping · Consulting$35,329

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

Recordkeeper by year2
2024BENEFIT PLANS ADMINISTRATIVE SVCS
2023BENEFIT PLANS ADMINISTRATIVE SVCS

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

Administrative cost history3
2024$58,747 · 0.94%
2023$50,643 · 0.90%
2022$47,395 · 0.89%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Kids Count, Inc. PA$6.7M · 0.03%
Firetree LTD. PA$6.5M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231425035 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.