Plan Ledger DOL Form 5500 · updated monthly

Phb, Inc.401(k)

PHB, INC. EMPLOYEES PROFIT SHARING PLAN · FAIRVIEW, PA · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Phb, Inc. reported $112,298 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $1,517 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 0.04% to 0.40%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,201st-largest of 3,651 plans among Pennsylvania employers on file, and the 4,567th of 13,661 in manufacturing. In 2024, employees put in $1.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$29,258,677
Participants with balances289
Active participants248
Employer contributions$376,137
Employee contributions$748,478
Employer contribution per active participant$1,517
Average account balance$101,241
Benefits paid to participants$3,324,096
Plan auditUnmodified (clean) audit opinion
AuditorSCHAFFNER, KNIGHT, MINNAUGH, &
Plan history3
Yearassets · accounts · employer contribution
2024$29.3M · 289 accts · $376K emplr
2023$27.2M · 287 accts · $357K emplr
2022$23.6M · $339K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$112,137
Investment management$161
Total administrative$112,298
The Phb, Inc. 401(k) match · 2024
Employer contribution per active participant$1,517
Median for plans this size$2,416
2024$1,517 per active participant
2023$1,464 per active participant
2022$1,430 per active participant

Phb, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20243
CHARLES SCHWAB & CO., INC. · Investment advisory (participants)$161
LPL FINANCIAL 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 history3
2024$112,298 · 0.40%
2023$12,900 · 0.05%
2022$11,925 · 0.04%
Same employer
Similar plansManufacturing · Pennsylvania
M. H. Eby, Inc PA$29.8M · 0.71%
Pg Publishing Company PA$29.7M · 0.26%
Chalmers & Kubeck, Inc. PA$29.4M · 0.14%
Dura-Bond Industries, Inc. PA$29.1M · 0.03%
Elg Haniel Metals Corp. PA$29.0M · 0.33%
Sandmeyer Steel Company PA$28.9M · 0.01%
Wuxi Biologics USA, LLC PA$28.7M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251490822 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.