Plan Ledger DOL Form 5500 · updated monthly

Municipal Authority of Westmoreland401(k)

MUNICIPAL AUTHORITY OF WESTMORELAND COUNTY 401(K) PLAN · GREENSBURG, PA · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Municipal Authority of Westmoreland reported $76,909 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,809 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 0.506%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other public administration employers. By assets it is the 1,689th-largest of 3,651 plans among Pennsylvania employers on file, and the 36th of 90 in public administration. In 2024, employees put in $1.48 for every $1.00 the employer contributed; active participation has grown from 192 to 222 since 2022.

Plan summary
Net assets, end of year$17,192,435
Participants with balances231
Active participants222
Employer contributions$1,067,557
Employee contributions$1,584,529
Employer contribution per active participant$4,809
Average account balance$74,426
Benefits paid to participants$77,707
Plan auditUnmodified (clean) audit opinion
AuditorDELUZIO & CO
Plan history3
Yearassets · accounts · employer contribution
2024$17.2M · 231 accts · $1.1M emplr
2023$13.2M · 220 accts · $946K emplr
2022$9.3M · 197 accts · $756K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,122
Investment management$47,787
Total administrative$76,909
The Municipal Authority of Westmoreland 401(k) match · 2024
Employer contribution per active participant$4,809
Median for plans this size$2,416
2024$4,809 per active participant
2023$4,399 per active participant
2022$3,935 per active participant

Municipal Authority of Westmoreland'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 · 20242
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$29,122
LPL FINANCIAL CORPORATION RPCP · Investment advisory (plan)$47,787

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

Recordkeeper by year2
2024The Standard
2023The Standard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$76,909 · 0.51%
2023$55,106 · 0.49%
2022$45,971 · 0.51%
Similar plansPublic Administration · Pennsylvania
Quinault Indian Nation WA$21.3M · 0.35%
Jobsohio OH$17.2M · 0.05%
Spirit Lake Tribe ND$16.9M · 1.83%
Pueblo of Pojoaque NM$16.4M · 0.48%
Kickapoo Tribe of Oklahoma OK$16.0M · 0.02%
The Baby Fold, Inc. IL$13.7M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 256003829 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.