Plan Ledger DOL Form 5500 · updated monthly

Penn Highlands Healthcare, Inc.403(b)

PENN HIGHLANDS HEALTHCARE 403(B) PLAN · DUBOIS, PA · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Penn Highlands Healthcare, Inc. reported $415,474 in plan administrative expenses for 2024: 0.14% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,396 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 0.10% to 0.14%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 203rd-largest of 3,651 plans among Pennsylvania employers on file, and the 453rd of 11,911 in health care & social assistance. In 2024, employees put in $2.07 for every $1.00 the employer contributed; active participation has grown from 3,651 to 4,815 since 2022.

Plan summary
Net assets, end of year$330,577,761
Participants with balances5,649
Active participants4,815
Employer contributions$6,719,650
Employee contributions$13,910,208
Employer contribution per active participant$1,396
Average account balance$58,520
Benefits paid to participants$27,716,674
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$330.6M · 5,649 accts · $6.7M emplr
2023$274.9M · 4,340 accts · $5.7M emplr
2022$216.6M · 3,352 accts · $5.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$336,554
Investment management$64,920
Total administrative$415,474
Employer contributions to the Penn Highlands Healthcare, Inc. plan · 2024
Employer contribution per active participant$1,396
Median for plans this size$4,294
2024$1,396 per active participant
2023$1,377 per active participant
2022$1,425 per active participant

Penn Highlands Healthcare, Inc.'s 2024 employer contribution ran below the $4,294 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.

Administrative cost history3
2024$415,474 · 0.14%
2023$280,034 · 0.11%
2022$240,970 · 0.10%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Kennedy Health System PA$400.3M · 0.05%
Abington Memorial Hospital PA$382.7M · 0.07%
Excela Health PA$364.9M · 0.09%
Doylestown Hospital PA$280.9M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 320345810 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.