Plan Ledger DOL Form 5500 · updated monthly

Moravian Academy403(b)

MORAVIAN ACADEMY 403(B) DC PLAN · BETHLEHEM, PA · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Moravian Academy reported $56,917 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $4,383 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 fell from 0.15% to 0.13%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 845th-largest of 3,651 plans among Pennsylvania employers on file, and the 976th of 3,091 in educational services. In 2024, the employer put in $1.07 for every $1.00 employees contributed themselves; active participation has grown from 188 to 223 since 2022.

Plan summary
Net assets, end of year$46,261,697
Participants with balances423
Active participants223
Employer contributions$977,505
Employee contributions$914,978
Employer contribution per active participant$4,383
Average account balance$109,366
Benefits paid to participants$3,345,394
Plan auditUnmodified (clean) audit opinion
AuditorCAMPBELL, RAPPOLD & YURASITS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$46.3M · 423 accts · $978K emplr
2023$42.8M · 430 accts · $959K emplr
2022$30.8M · 313 accts · $741K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$56,917
Total administrative$56,917
Employer contributions to the Moravian Academy plan · 2024
Employer contribution per active participant$4,383
Median for plans this size$2,416
2024$4,383 per active participant
2023$4,168 per active participant
2022$3,941 per active participant

Moravian Academy'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 · 20241
HENDERSON BROTHERS RET PLAN SERV · Investment management$54,365

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$56,917 · 0.13%
2023$57,705 · 0.16%
2022$48,442 · 0.15%
Similar plansEducational Services · Pennsylvania
Wyoming Seminary PA$50.7M · 0.16%
Penn Foster, Inc. PA$48.8M · 0.33%
Mount Aloysius College PA$47.1M · 0.20%
Friends Select School PA$42.6M · 0.32%
The Baldwin School PA$42.0M · 0.24%
Immaculata University PA$41.9M · 0.10%
Sewickley Academy PA$41.9M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 240829838 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.