Plan Ledger DOL Form 5500 · updated monthly

Pentec Health, Inc.401(k)

PENTEC HEALTH RETIREMENT SAVINGS PLAN · BOOTHWYN, PA · plan year 2023

Reported admin expense ratio · 2023
0.29%

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

Pentec Health, Inc. reported $93,843 in plan administrative expenses for 2023: 0.29% of average plan assets, above the peer median. Employer contributions averaged $1,688 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 1 year on file its reported administrative ratio rose from 0.22% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other retail trade employers. By assets it is the 1,067th-largest of 3,651 plans among Pennsylvania employers on file, and the 909th of 5,215 in retail trade. In 2023, employees put in $2.73 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$34,703,366
Participants with balances467
Active participants613
Employer contributions$1,034,915
Employee contributions$2,822,863
Employer contribution per active participant$1,688
Average account balance$74,311
Benefits paid to participants$4,029,390
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$34.7M · 467 accts · $1.0M emplr
2022$29.8M · 440 accts · $942K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$600
Investment management$86,937
Total administrative$93,843
The Pentec Health, Inc. 401(k) match · 2023
Employer contribution per active participant$1,688
Median for plans this size$2,440
2023$1,688 per active participant
2022$1,758 per active participant

Pentec Health, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
ALERUS FINANCIAL, N.A. · Recordkeeping · Trustee$93,193
GLOBAL RETIREMENT PARTNERS LLCindirect comp

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$93,843 · 0.29%
2022$74,904 · 0.22%
Same employer
Similar plansRetail Trade · Pennsylvania
Norman's Gift Shops, Inc. PA$35.2M · 0.14%
Shipley Energy Company PA$34.8M · 0.29%
Sun Motor Cars, Inc. PA$29.0M · 0.06%
Skh Management Co PA$26.4M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510269822 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.