Plan Ledger DOL Form 5500 · updated monthly

Pennsylvania National Mutual Casualty Insurance Company401(k)

PENN NATIONAL INSURANCE 401(K) RETIREMENT SAVINGS PLAN · HARRISBURG, PA · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Pennsylvania National Mutual Casualty Insurance Company reported $245,306 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $5,250 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 rose from 0.10% to 0.12%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 266th-largest of 3,651 plans among Pennsylvania employers on file, and the 552nd of 4,798 in finance & insurance. In 2024, employees put in $1.67 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$217,595,874
Participants with balances985
Active participants801
Employer contributions$4,205,254
Employee contributions$7,028,700
Employer contribution per active participant$5,250
Average account balance$220,910
Benefits paid to participants$25,236,781
Plan auditUnmodified (clean) audit opinion
AuditorMCKONLY & ASBURY
Plan history3
Yearassets · accounts · employer contribution
2024$217.6M · 985 accts · $4.2M emplr
2023$207.5M · 1,010 accts · $4.0M emplr
2022$184.9M · 1,035 accts · $3.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$61,019
Investment management$184,287
Total administrative$245,306
The Pennsylvania National Mutual Casualty Insurance Company 401(k) match · 2024
Employer contribution per active participant$5,250
Median for plans this size$3,635
2024$5,250 per active participant
2023$5,003 per active participant
2022$4,765 per active participant

Pennsylvania National Mutual Casualty Insurance Company's 2024 employer contribution ran above the $3,635 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 · 20243
EMPOWER ANNUITY INSURANCE COMPANY O · Recordkeeping · Loan processing$61,019
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$123,344
EMPOWER ADVISORY GROUP, LLC · Investment management · Investment advisory (participants)$60,943

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

Recordkeeper by year2
2024Empower
2023Empower

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

Administrative cost history3
2024$245,306 · 0.12%
2023$228,253 · 0.12%
2022$210,790 · 0.10%
Same employer
Similar plansFinance & Insurance · Pennsylvania
Chatham Financial PA$234.3M · 0.03%
The Glenmede Corporation PA$230.3M · 0.03%
Geisinger Health Plan PA$196.7M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 230961349 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.