Plan Ledger DOL Form 5500 · updated monthly

Mon-Vale Health Resources, Inc.401(k)

MON-VALE 401(K) SAVINGS PLAN · MONONGAHELA, PA · plan year 2023

Reported admin expense ratio · 2023
0.72%

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

Mon-Vale Health Resources, Inc. reported $26,332 in plan administrative expenses for 2023: 0.72% of average plan assets, above the peer median. Employer contributions averaged $490 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 1 year on file its reported administrative ratio fell from 0.76% to 0.72%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Pennsylvania (3,023rd of 3,651), and 8,575th of 11,911 in health care & social assistance. In 2023, employees put in $4.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,972,190
Participants with balances146
Active participants89
Employer contributions$43,571
Employee contributions$185,463
Employer contribution per active participant$490
Average account balance$27,207
Benefits paid to participants$116,630
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$4.0M · 146 accts · $44K emplr
2022$3.3M · 152 accts · $49K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$19,274
Investment management$7,058
Total administrative$26,332
The Mon-Vale Health Resources, Inc. 401(k) match · 2023
Employer contribution per active participant$490
Median for plans this size$1,308
2023$490 per active participant
2022$301 per active participant

Mon-Vale Health Resources, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$19,274
J.P. MORGAN SECURITIES LLC · Investment advisory (plan)$7,058

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

Administrative cost history2
2023$26,332 · 0.72%
2022$29,538 · 0.76%
Similar plansHealth Care & Social Assistance · Pennsylvania
Community Health Net PA$4.0M · 0.88%
Maybrook-C Opco Holdings PA$3.9M · 1.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251426999 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.