Plan Ledger DOL Form 5500 · updated monthly

Pencor Services, Inc.401(k)

PENCOR SERVICES, INC. 401(K) SALARY REDUCTION PLAN · PALMERTON, PA · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Pencor Services, Inc. reported $140,724 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $829 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 0.52%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 1,208th-largest of 3,651 plans among Pennsylvania employers on file, and the 806th of 2,199 in information & media. In 2024, employees put in $3.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$29,035,579
Participants with balances594
Active participants710
Employer contributions$588,273
Employee contributions$2,162,613
Employer contribution per active participant$829
Average account balance$48,881
Benefits paid to participants$1,626,063
Plan auditUnmodified (clean) audit opinion
AuditorBARSZ GOWIE AMON FULTZ LLC
Plan history3
Yearassets · accounts · employer contribution
2024$29.0M · 594 accts · $588K emplr
2023$24.9M · 591 accts · $540K emplr
2022$21.0M · 563 accts · $506K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$135,263
Investment management$5,333
Total administrative$140,724
The Pencor Services, Inc. 401(k) match · 2024
Employer contribution per active participant$829
Median for plans this size$2,416
2024$829 per active participant
2023$776 per active participant
2022$740 per active participant

Pencor Services, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20244
TRANSAMERICA RETIREMENT SOLUTIONS, · Recordkeeping · Loan processing$122,415
STALKER & ASSOCIATES, INC. · Recordkeeping · Loan processing$12,847
ENVESTNET RETIREMENT SOLUTIONS LLC · Investment advisory (plan)$5,333
OSAIC WEALTH INC · Insurance broker · Insurance servicesindirect comp

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

Recordkeeper by year2
2024STALKER & ASSOCIATES, INC., Transamerica
2023STALKER & ASSOCIATES, INC., Transamerica

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Administrative cost history3
2024$140,724 · 0.52%
2023$119,588 · 0.52%
2022$110,985 · 0.50%
Same employer
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Harmelin & Associates PA$35.9M · 0.33%
Times Shamrock Media LP PA$32.0M · 0.07%
Farm Journal, Inc. PA$29.4M · 0.03%
Witf, Inc. PA$28.4M · 0.31%
Freedompay, Inc. PA$27.6M · 0.41%
The Meet Group, Inc. PA$26.8M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 240820653 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.