Plan Ledger DOL Form 5500 · updated monthly

Pentegra Services Inc401(k)

MSTC EASY(K) PEP · WHITE PLAINS, NY · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Pentegra Services Inc reported $99,392 in plan administrative expenses for 2024: 0.56% of average plan assets, higher than ~75% of peers. Employer contributions averaged $762 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 1.07% to 0.56%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 2,582nd-largest of 5,648 plans among New York employers on file, and 3,126th of 4,798 in finance & insurance. In 2024, employees put in $1.76 for every $1.00 the employer contributed; active participation has grown from 1,194 to 1,450 since 2022.

Plan summary
Net assets, end of year$19,332,728
Participants with balances749
Active participants1,450
Employer contributions$1,104,392
Employee contributions$1,942,276
Employer contribution per active participant$762
Average account balance$25,811
Benefits paid to participants$2,742,879
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.3M · 749 accts · $1.1M emplr
2023$16.2M · 506 accts · $618K emplr
2022$7.2M · 450 accts · $596K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$99,392
Total administrative$99,392
The Pentegra Services Inc 401(k) match · 2024
Employer contribution per active participant$762
Median for plans this size$2,416
2024$762 per active participant
2023$475 per active participant
2022$499 per active participant

Pentegra Services Inc's 2024 employer contribution ran below the $2,416 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 · 20241
PENTEGRA SERVICES, ICN. · Recordkeeping$85,050

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

Recordkeeper by year2
2024Pentegra
2023Pentegra

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Administrative cost history3
2024$99,392 · 0.56%
2023$93,510 · 0.80%
2022$79,659 · 1.07%
All plans at this employer2
A BETTER 401(K) PLAN401(k)
MSTC EASY(K) PEP401(k)
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Source: U.S. Department of Labor, Form 5500 series, EIN 135645888 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.