Plan Ledger DOL Form 5500 · updated monthly

Movers Specialty Service, Inc.401(k)

MOVERS SPECIALTY SERVICE, INC. 401(K) PROFIT SHARING PLAN AND TRUST · MONTGOMERYVILLE, PA · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Movers Specialty Service, Inc. reported $38,969 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,414 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 0.07% to 0.09%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 862nd-largest of 3,651 plans among Pennsylvania employers on file, and the 473rd of 3,341 in other services. In 2024, employees put in $2.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$45,217,360
Participants with balances388
Active participants325
Employer contributions$784,652
Employee contributions$1,984,769
Employer contribution per active participant$2,414
Average account balance$116,540
Benefits paid to participants$1,704,447
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$45.2M · 388 accts · $785K emplr
2023$38.2M · 367 accts · $562K emplr
2022$30.1M · 384 accts · $832K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,946
Investment management$6,023
Total administrative$38,969
The Movers Specialty Service, Inc. 401(k) match · 2024
Employer contribution per active participant$2,414
Median for plans this size$2,416
2024$2,414 per active participant
2023$1,873 per active participant
2022$2,569 per active participant

Movers Specialty Service, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$32,945
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$6,023

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$38,969 · 0.09%
2023$28,200 · 0.08%
2022$23,046 · 0.07%
Same employer
Similar plansOther Services · Pennsylvania
American Bible Society PA$59.4M · 0.12%
Iss Solutions, Inc. PA$54.5M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232203850 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.