Plan Ledger DOL Form 5500 · updated monthly

Pension Fund for Nursing and Health Care EmployeesProfit-sharing plan

PENSION FUND FOR NURSING AND HEALTH CARE EMPLOYEES · PHILADELPHIA, PA · plan year 2024

Reported admin expense ratio · 2024
1.34%

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

Pension Fund for Nursing and Health Care Employees reported $932,471 in plan administrative expenses for 2024: 1.34% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,510 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 3 years on file its reported administrative ratio has held roughly steady near 1.336%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 611th-largest of 3,651 plans among Pennsylvania employers on file, and the 1,404th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$72,464,031
Participants with balances2,102
Active participants1,920
Employer contributions$2,898,458
Employee contributions—
Employer contribution per active participant$1,510
Average account balance$34,474
Benefits paid to participants$2,226,947
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$72.5M · 2,102 accts · $2.9M emplr
2023$67.1M · 2,498 accts · $2.9M emplr
2022$62.8M · 2,469 accts · $2.9M emplr
Administrative expenses, itemized · 2024
Investment management$102,850
Audit (IQPA)$26,350
Trustee / custodial$15,525
Total administrative$932,471
Employer contributions to the Pension Fund for Nursing and Health Care Employees plan · 2024
Employer contribution per active participant$1,510
Median for plans this size$3,635
2024$1,510 per active participant
2023$1,492 per active participant
2022$1,600 per active participant

Pension Fund for Nursing and Health Care Employees's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom quarter of its peers. 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 · 202412
PENSION FUND FOR HOSPITAL & HEALTHC$739,832
CYNTHIA BLASSINGAME$113,567
ERIC BROOKS$81,964
SHAWN BOHANNAN$73,339
PAMELA A. SMITH-STRITE$63,010
ADRIAN HURST$42,329
ANNIE JONES$39,209
EVELYN ALAMEDA$37,243
BERTA SHKODRA$35,168
MORGAN, LEWIS & BOCKIUS LLP · Legal$33,063
BLAIR DEVALIA$30,904
NOVAK FRANCELLA, LLC · Accounting / audit$26,350

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

Administrative cost history3
2024$932,471 · 1.34%
2023$960,632 · 1.48%
2022$880,166 · 1.34%
Similar plansHealth Care & Social Assistance · Pennsylvania
Elwyn PA$73.7M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232774706 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.