Plan Ledger DOL Form 5500 · updated monthly

Penn Community Bank401(k)

PENN COMMUNITY BANK RETIREMENT PLAN · PERKASIE, PA · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Penn Community Bank reported $145,499 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $4,862 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 0.36%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other management of companies employers. By assets it is the 886th-largest of 3,651 plans among Pennsylvania employers on file, and the 303rd of 786 in management of companies. In 2024, employees put in $1.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$43,529,342
Participants with balances396
Active participants299
Employer contributions$1,453,621
Employee contributions$2,069,605
Employer contribution per active participant$4,862
Average account balance$109,923
Benefits paid to participants$2,071,567
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$43.5M · 396 accts · $1.5M emplr
2023$36.3M · 384 accts · $1.4M emplr
2022$33.4M · 375 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$56,322
Investment management$72,238
Audit (IQPA)$16,939
Total administrative$145,499
The Penn Community Bank 401(k) match · 2024
Employer contribution per active participant$4,862
Median for plans this size$2,416
2024$4,862 per active participant
2023$4,728 per active participant
2022$4,891 per active participant

Penn Community Bank'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 · 20243
NEWPORT GROUP, INC. · Claims processing · Recordkeeping$56,322
GLOBAL RETIREMENT PARTNERS, LLC · Investment advisory (plan)$72,238
MAILLIE, LLP · Accounting / audit$16,939

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$145,499 · 0.36%
2023$127,969 · 0.37%
2022$144,635 · 0.38%
Same employer
Similar plansManagement of Companies · Pennsylvania
Burnham Holdings, Inc. PA$67.0M · 0.12%
Pace Resources, Inc. PA$56.6M · 0.02%
Coadap LLC PA$47.0M · 0.04%
Transtar, LLC PA$43.9M · 0.55%
The Conti Group LLC PA$34.6M · 0.25%
Tioga Pipe ,Inc. PA$34.4M · 0.30%
Vogel Holding, Inc. PA$31.8M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231330248 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.