Plan Ledger DOL Form 5500 · updated monthly

Northern Panhandle Head Start, Inc.403(b)

NORTHERN PANHANDLE HEAD START RETIREMENT SAVINGS PROGRAM · WHEELING, WV · plan year 2024

Reported admin expense ratio · 2024
0.96%

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

Northern Panhandle Head Start, Inc. reported $25,014 in plan administrative expenses for 2024: 0.96% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,502 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 1.20% to 0.96%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in West Virginia (222nd of 265), and 9,385th of 11,911 in health care & social assistance. In 2024, the employer put in $3.01 for every $1.00 employees contributed themselves; active participation has grown from 88 to 119 since 2022.

Plan summary
Net assets, end of year$2,830,459
Participants with balances125
Active participants119
Employer contributions$297,695
Employee contributions$98,949
Employer contribution per active participant$2,502
Average account balance$22,644
Benefits paid to participants$202,766
Plan auditUnmodified (clean) audit opinion
AuditorS.R. SNODGRASS
Plan history3
Yearassets · accounts · employer contribution
2024$2.8M · 125 accts · $298K emplr
2023$2.4M · 124 accts · $241K emplr
2022$2.0M · 107 accts · $245K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,014
Total administrative$25,014
Employer contributions to the Northern Panhandle Head Start, Inc. plan · 2024
Employer contribution per active participant$2,502
Median for plans this size$1,313
2024$2,502 per active participant
2023$1,869 per active participant
2022$2,790 per active participant

Northern Panhandle Head Start, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$24,863
AMERIPRISE FINANCIAL SERVICES INC · Other servicesindirect 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 history3
2024$25,014 · 0.96%
2023$20,203 · 0.92%
2022$28,363 · 1.20%
Similar plansHealth Care & Social Assistance · West Virginia
Wv Therapy Services, LLC WV$3.6M · 0.03%
The Potomac Center, Inc. WV$3.1M · 0.17%
Fox Nursing Home, Inc. WV$2.6M · 1.04%
Healthways, Inc. WV$2.5M · 0.98%
Best Life Therapy, LLC WV$2.4M · 0.86%

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Source: U.S. Department of Labor, Form 5500 series, EIN 550590843 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.