Plan Ledger DOL Form 5500 · updated monthly

Pennsylvania Management Solution401(k)

SIMPLY BEAUTIFUL SMILES MANAGEMENT 401(K) PLAN · MORRISVILLE, PA · plan year 2023

Reported admin expense ratio · 2023
0.52%

Pennsylvania Management Solution reported $4,958 in plan administrative expenses for 2023: 0.52% of average plan assets, below 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 1 year on file its reported administrative ratio fell from 0.73% to 0.52%. The plan sits in the under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Pennsylvania (3,508th of 3,651), and 2,183rd of 2,534 in administrative & support services.

Plan summary
Net assets, end of year$1,046,347
Participants with balances132
Active participants122
Employer contributions—
Employee contributions$356,154
Employer contribution per active participant—
Average account balance$7,927
Benefits paid to participants$348,717
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$1.0M · 132 accts
2022$877K · 176 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$4,958
Total administrative$4,958
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
ADP, INC. · Loan processing · Recordkeeping$4,958

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

Administrative cost history2
2023$4,958 · 0.52%
2022$5,105 · 0.73%
Same employer
Similar plansAdministrative & Support Services · Pennsylvania
Ghg Holdings, Inc. PA$1.2M · 0.67%
Ops Security Group PA$953K · 1.09%
U.S. Security Care, Inc. PA$783K · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352503668 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.