Plan Ledger DOL Form 5500 · updated monthly

Perseus House, Inc.401(k)

PERSEUS HOUSE INC RETIREMENT PLAN · ERIE, PA · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Perseus House, Inc. reported $24,591 in plan administrative expenses for 2024: 0.32% of average plan assets, below the peer median. Employer contributions averaged $2,615 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 0.05% to 0.32%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Pennsylvania (2,560th of 3,651), and 1,913th of 3,341 in other services. In 2024, the employer put in $1.32 for every $1.00 employees contributed themselves; active participation has shrunk from 133 to 119 since 2022.

Plan summary
Net assets, end of year$7,679,774
Participants with balances154
Active participants119
Employer contributions$311,217
Employee contributions$236,405
Employer contribution per active participant$2,615
Average account balance$49,869
Benefits paid to participants$1,470,575
Plan auditUnmodified (clean) audit opinion
AuditorHEBERLEIN & FALK, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$7.7M · 154 accts · $311K emplr
2023$7.6M · 168 accts · $318K emplr
2022$6.8M · 157 accts · $326K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,457
Trustee / custodial$15,134
Total administrative$24,591
The Perseus House, Inc. 401(k) match · 2024
Employer contribution per active participant$2,615
Median for plans this size$1,313
2024$2,615 per active participant
2023$2,546 per active participant
2022$2,454 per active participant

Perseus House, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20242
NORTHWEST BANK · Trustee$15,134
DEFINITI$9,457

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$24,591 · 0.32%
2023$344 · 0.00%
2022$3,760 · 0.05%
Same employer
Similar plansOther Services · Pennsylvania

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Source: U.S. Department of Labor, Form 5500 series, EIN 237123683 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.