Plan Ledger DOL Form 5500 · updated monthly

Newcourtland Elder Services403(b)

NEWCOURTLAND ELDER SERVICES 403(B) PLAN · PHILADELPHIA, PA · plan year 2024

Reported admin expense ratio · 2024
0.84%

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

Newcourtland Elder Services reported $103,853 in plan administrative expenses for 2024: 0.84% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,323 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 0.69% to 0.84%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Pennsylvania (1,995th of 3,651), and the 4,853rd of 11,911 in health care & social assistance. In 2024, employees put in $1.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,266,417
Participants with balances370
Active participants356
Employer contributions$470,842
Employee contributions$889,439
Employer contribution per active participant$1,323
Average account balance$35,855
Benefits paid to participants$735,207
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.3M · 370 accts · $471K emplr
2023$11.5M · 361 accts · $439K emplr
2022$9.6M · 358 accts · $429K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$60,921
Total administrative$103,853
Employer contributions to the Newcourtland Elder Services plan · 2024
Employer contribution per active participant$1,323
Median for plans this size$2,416
2024$1,323 per active participant
2023$1,248 per active participant
2022$1,211 per active participant

Newcourtland Elder Services'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 · 20241
BPAS, INC. · Contract administrator · Recordkeeping$82,322

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

Recordkeeper by year2
2024BPAS, INC.
2023BPAS, INC.

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

Administrative cost history3
2024$103,853 · 0.84%
2023$90,132 · 0.85%
2022$73,369 · 0.69%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Waverly Senior Services PA$13.9M · 0.02%
Resourceful, Inc. PA$13.8M · 0.09%
Family Services of Nw PA PA$13.8M · 0.07%
Project Home PA$13.0M · 1.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232734102 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.