PENNONI ASSOCIATES INC. 401(K)/PROFIT SHARING PLAN · PHILADELPHIA, PA · plan year 2024
Reported admin expense ratio · 2024
0.16%
Pennoni Associates Inc. reported $246,499 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. 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 0.20% to 0.16%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 331st-largest of 3,651 plans among Pennsylvania employers on file, and the 957th of 11,654 in professional & technical services.
Plan summary
Net assets, end of year$165,383,348
Participants with balances1,604
Active participants1,365
Employer contributions—
Employee contributions$8,106,908
Employer contribution per active participant—
Average account balance$103,107
Benefits paid to participants$14,292,885
Plan auditUnmodified (clean) audit opinion
AuditorBARSZ GOWIE AMON & FULTZ LLC
Plan history3
Yearassets · accounts · employer contribution
2024$165.4M · 1,604 accts
2023$143.1M · 1,697 accts
2022$116.1M · 1,643 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$111,927
Investment management$106,259
Audit (IQPA)$28,313
Total administrative$246,499
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.
Source: U.S. Department of Labor, Form 5500 series, EIN 231683429 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.