Plan Ledger DOL Form 5500 · updated monthly

Penn State Health401(k)

PENN STATE HEALTH 401(K) SAVINGS PLAN · HERSHEY, PA · plan year 2025

Reported admin expense ratio · 2025
0.03%

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

Penn State Health reported $1,031,896 in plan administrative expenses for 2025: 0.03% of average plan assets, below the peer median. Employer contributions averaged $5,084 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 rose from 0.029% to 0.033%. The plan sits in the over $1B size bracket, benchmarked here against 141 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 20th-largest of 3,651 plans among Pennsylvania employers on file, and the 41st of 11,911 in health care & social assistance. In 2025, employees put in $1.45 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,374,915,775
Participants with balances22,039
Active participants16,634
Employer contributions$84,559,068
Employee contributions$122,302,789
Employer contribution per active participant$5,084
Average account balance$153,134
Benefits paid to participants$233,761,191
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$3.4B · 22,039 accts · $84.6M emplr
2024$2.9B · 21,753 accts · $84.7M emplr
2023$2.6B · 22,031 accts · $78.9M emplr
2022$2.1B · 22,149 accts · $72.3M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$548,127
Investment management$409,167
Audit (IQPA)$37,217
Total administrative$1,031,896
The Penn State Health 401(k) match · 2025
Employer contribution per active participant$5,084
Median for plans this size$5,084
2025$5,084 per active participant
2024$5,390 per active participant
2023$5,300 per active participant
2022$4,345 per active participant

Penn State Health's 2025 employer contribution ran above the $5,084 median for plans its size. 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 202512
EMPOWER ADVISORY GROUP, LLC · Investment management$409,167
FORVIS, LLP · Accounting / audit$37,217
TIAA-CREF$16,484
FORT PITT CAPITAL GROUP LLC$7,818
LARSON FINANCIAL GROUP LLC$6,378
FISHER INVESTMENTS$6,355
SIGNATURE ESTATE & INVESTMENT$4,658
CHARLES SCHWAB & CO., INC. · Investment advisory (participants)$3,836
APOLLON WEALTH MANAGEMENT LLC$3,417
RIVER WEALTH ADVISORS LLC$1,538
FLEXIBLE PLAN INVESTMENTS LTD$1,523

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

Administrative cost history4
2025$1,031,896 · 0.03%
2024$751,094 · 0.03%
2023$687,330 · 0.03%
2022$676,346 · 0.03%
All plans at this employer2
PENN STATE HEALTH 401(K) SAVINGS PLAN401(k)
PENN STATE HEALTH TAX SHELTERED ANNUITY PROGRAM403(b)
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Upmc PA$4.9B · 0.10%
Geisinger System Services PA$3.0B · 0.04%
Wellspan Health PA$2.6B · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 473769205 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.