Plan Ledger DOL Form 5500 · updated monthly

Metro Philly Management Solutions, LLC401(k)

METRO PHILLY MANAGEMENT SOLUTIONS, LLC 401(K) PLAN · DREXEL HILL, PA · plan year 2024

Reported admin expense ratio · 2024
0.86%

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

Metro Philly Management Solutions, LLC reported $86,021 in plan administrative expenses for 2024: 0.86% of average plan assets, higher than ~90% of peers. Employer contributions averaged $680 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 0.86%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Pennsylvania (2,238th of 3,651), and the 2,533rd of 5,215 in retail trade. In 2024, employees put in $1.69 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,558,099
Participants with balances688
Active participants725
Employer contributions$493,217
Employee contributions$834,281
Employer contribution per active participant$680
Average account balance$15,346
Benefits paid to participants$1,128,655
Plan auditUnmodified (clean) audit opinion
AuditorCITRIN COOPERMAN CO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$10.6M · 688 accts · $493K emplr
2023$9.5M · 920 accts · $462K emplr
2022$7.9M · 827 accts · $475K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$86,021
Total administrative$86,021
The Metro Philly Management Solutions, LLC 401(k) match · 2024
Employer contribution per active participant$680
Median for plans this size$2,416
2024$680 per active participant
2023$686 per active participant
2022$701 per active participant

Metro Philly Management Solutions, LLC'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 · 20244
ASCENSUS LLC · Recordkeeping$41,445
FUTURE PLAN BY ASCENSUS · Recordkeeping$21,591
CITRIN COOPERMAN & CO. LLP · Accounting / audit$17,500
MERRILL LYCH · Investment advisory (participants) · Securities brokerageindirect comp

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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Administrative cost history3
2024$86,021 · 0.86%
2023$82,853 · 0.95%
2022$76,583 · 0.89%
Same employer
Similar plansRetail Trade · Pennsylvania
Urra Company Inc. PA$10.7M · 0.85%
Wfp Holdings, LLC PA$10.5M · 0.29%
Yoder's Meats, Inc. PA$10.4M · 0.56%
Sherwood Chevrolet Inc. PA$10.0M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 272207131 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.