Plan Ledger DOL Form 5500 · updated monthly

Penn Asian Senior Services401(k)

PENN ASIAN SENIOR SERVICES 401(K) PROFIT SHARING PLAN AND T · PHILADELPHIA, PA · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Penn Asian Senior Services reported $20,964 in plan administrative expenses for 2024: 0.46% of average plan assets, below the peer median. Employer contributions averaged $602 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 0.72% to 0.46%. 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 Pennsylvania (2,863rd of 3,651), and 7,815th of 11,911 in health care & social assistance. In 2024, employees put in $2.86 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,160,845
Participants with balances253
Active participants572
Employer contributions$344,189
Employee contributions$985,325
Employer contribution per active participant$602
Average account balance$20,399
Benefits paid to participants$511,054
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.2M · 253 accts · $344K emplr
2023$3.9M · 230 accts · $270K emplr
2022$2.6M · 201 accts · $230K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,964
Total administrative$20,964
The Penn Asian Senior Services 401(k) match · 2024
Employer contribution per active participant$602
Median for plans this size$1,313
2024$602 per active participant
2023$454 per active participant
2022$436 per active participant

Penn Asian Senior Services's 2024 employer contribution ran below the $1,313 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 · 20241
ADP, INC. · Loan processing · Recordkeeping$20,963

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$20,964 · 0.46%
2023$18,560 · 0.57%
2022$17,755 · 0.72%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Saint John Xxiii Home PA$5.3M · 1.12%
Riddle Village PA$5.1M · 0.04%
Philabundance PA$5.1M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202643138 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.