Plan Ledger DOL Form 5500 · updated monthly

Pennsylvania State Education Association401(k)

PENNSYLVANIA STATE EDUCATION ASSOCIATION 401(K) RETIREMENT PLAN · HARRISBURG, PA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Pennsylvania State Education Association reported $54,848 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $3,978 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 0.09% to 0.07%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other other services employers. By assets it is the 590th-largest of 3,651 plans among Pennsylvania employers on file, and the 267th of 3,341 in other services. In 2024, employees put in $2.31 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$75,709,222
Participants with balances351
Active participants265
Employer contributions$1,054,226
Employee contributions$2,440,048
Employer contribution per active participant$3,978
Average account balance$215,696
Benefits paid to participants$7,623,507
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$75.7M · 351 accts · $1.1M emplr
2023$72.2M · 353 accts · $1.0M emplr
2022$60.8M · 335 accts · $963K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,885
Investment management$35,600
Audit (IQPA)$11,918
Total administrative$54,848
The Pennsylvania State Education Association 401(k) match · 2024
Employer contribution per active participant$3,978
Median for plans this size$3,635
2024$3,978 per active participant
2023$3,822 per active participant
2022$3,746 per active participant

Pennsylvania State Education Association'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 · 20244
T ROWE PRICE RPS INC · Recordkeeping · Trustee$1,885
AON · Consulting$35,600
MCKONLY & ASBURY LLP · Accounting / audit$11,918
GUNN MOWERY LLC$5,445

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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

Administrative cost history3
2024$54,848 · 0.07%
2023$560 · 0.00%
2022$49,493 · 0.09%
Same employer
Similar plansOther Services · Pennsylvania
Hbg, Inc. PA$301.8M
Aaa East Central PA$126.4M · 0.04%
American Bible Society PA$59.4M · 0.12%
Iss Solutions, Inc. PA$54.5M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 230961125 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.