Plan Ledger DOL Form 5500 · updated monthly

Morefield, Communications, Inc.401(k)

MOREFIELD COMMUNICATIONS, INC. RETIREMENT SAVINGS PLAN · CAMP HILL, PA · plan year 2023

Reported admin expense ratio · 2023
0.13%

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

Morefield, Communications, Inc. reported $24,978 in plan administrative expenses for 2023: 0.13% of average plan assets, below the peer median. Employer contributions averaged $4,886 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 rose from 0.12% to 0.13%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,498th-largest of 3,651 plans among Pennsylvania employers on file, and the 5,397th of 11,654 in professional & technical services. In 2023, employees put in $2.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,879,564
Participants with balances99
Active participants67
Employer contributions$327,391
Employee contributions$697,115
Employer contribution per active participant$4,886
Average account balance$210,905
Benefits paid to participants$1,714,627
Plan auditUnmodified (clean) audit opinion
AuditorBROWN PLUS
Plan history2
Yearassets · accounts · employer contribution
2023$20.9M · 99 accts · $327K emplr
2022$18.1M · 103 accts · $87K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$24,978
Total administrative$24,978
The Morefield, Communications, Inc. 401(k) match · 2023
Employer contribution per active participant$4,886
Median for plans this size$2,440
2023$4,886 per active participant
2022$1,242 per active participant

Morefield, Communications, Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$22,428
PA RETIREMENT SOLUTIONS, INC. · Contract administrator · Other services$2,550
CAMBRIDGE INVESTMENT RESEARCH ADVIS · Investment advisory (plan)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$24,978 · 0.13%
2022$25,790 · 0.12%
Same employer
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Mission Critical Partners PA$21.6M · 0.28%
Greenphire, LLC PA$21.6M · 0.04%
Saxton & Stump, LLC PA$21.5M · 0.40%
O'Donnell & Naccarato, Inc. PA$21.5M · 0.45%
Aweber Systems, Inc. PA$20.6M · 0.02%
Kierantimberlake. LLC PA$20.3M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231575558 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.