Plan Ledger DOL Form 5500 · updated monthly

Pennsylvania Medical Society401(k)

PENNSYLVANIA MEDICAL SOCIETY 401(K) RETIREMENT SAVINGS PLAN · MECHANICSBURG, PA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Pennsylvania Medical Society reported $12,871 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,879 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 0.19% to 0.08%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 1,654th-largest of 3,651 plans among Pennsylvania employers on file, and the 1,141st of 3,341 in other services. In 2024, employees put in $2.22 for every $1.00 the employer contributed; active participation has grown from 78 to 86 since 2022.

Plan summary
Net assets, end of year$17,799,326
Participants with balances113
Active participants86
Employer contributions$247,577
Employee contributions$548,453
Employer contribution per active participant$2,879
Average account balance$157,516
Benefits paid to participants$762,408
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.8M · 113 accts · $248K emplr
2023$15.8M · 113 accts · $613K emplr
2022$14.2M · 110 accts · $578K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,550
Investment management$4,321
Total administrative$12,871
The Pennsylvania Medical Society 401(k) match · 2024
Employer contribution per active participant$2,879
Median for plans this size$2,416
2024$2,879 per active participant
2023$7,132 per active participant
2022$7,415 per active participant

Pennsylvania Medical Society's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20245
CONRAD SIEGEL · Recordkeeping · Pension consulting$8,550
CONRAD SIEGEL INVESTMENT ADVISORS · Investment advisory (plan) · Participant communication$4,321
J.P. MORGAN INVESTMENT MANAGEMENT, · Investment managementindirect comp
FIDELITY MANAGEMENT & RESEARCH COMP · Investment managementindirect comp
AMERICAN CENTURY INVESTMENT MANAGEM · Investment managementindirect comp

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

Recordkeeper by year2
2024Conrad Siegel
2023Conrad Siegel

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Administrative cost history3
2024$12,871 · 0.08%
2023$18,613 · 0.12%
2022$29,945 · 0.19%
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Source: U.S. Department of Labor, Form 5500 series, EIN 231570227 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.