Plan Ledger DOL Form 5500 · updated monthly

Pennco Institutes, Inc.401(k)

PENNCO INSTITUTES, INC. 401(K) PROFIT SHARING PLAN · BRISTOL, PA · plan year 2024

Reported admin expense ratio · 2024
2.62%

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

Pennco Institutes, Inc. reported $10,850 in plan administrative expenses for 2024: 2.62% of average plan assets, higher than ~75% of peers. Employer contributions averaged $245 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 2.94% to 2.62%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Pennsylvania (3,572nd of 3,651), and 3,034th of 3,091 in educational services. In 2024, employees put in $3.30 for every $1.00 the employer contributed; active participation has grown from 153 to 184 since 2022.

Plan summary
Net assets, end of year$494,351
Participants with balances173
Active participants184
Employer contributions$45,050
Employee contributions$148,657
Employer contribution per active participant$245
Average account balance$2,858
Benefits paid to participants$80,372
Plan auditUnmodified (clean) audit opinion
AuditorROSALINE MENDOZA, CPA, PA
Plan history3
Yearassets · accounts · employer contribution
2024$494K · 173 accts · $45K emplr
2023$334K · 124 accts
2022$167K · 87 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,637
Investment management$213
Total administrative$10,850
The Pennco Institutes, Inc. 401(k) match · 2024
Employer contribution per active participant$245
Median for plans this size$540

Pennco Institutes, Inc.'s 2024 employer contribution ran below the $540 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 · 20242
MUTUAL OF AMERICA SEC. CORP LLC · Recordkeeping · Loan processing$5,838
WILSHIRE ASSOCIATES INC. · Named fiduciary$213

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$10,850 · 2.62%
2023$6,073 · 2.43%
2022$2,974 · 2.94%
Same employer
Similar plansEducational Services · Pennsylvania
Bellanza, Inc. PA$1.6M · 0.57%
Faith Christian Academy PA$1.0M · 1.04%
Educationworks Inc. PA$804K · 0.10%
A Step Up Academy PA$352K · 2.61%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 231891908 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.