Plan Ledger DOL Form 5500 · updated monthly

Phenom People, Inc.401(k)

PHENOM PEOPLE, INC. 401(K) PLAN · AMBLER, PA · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Phenom People, Inc. reported $8,747 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,121 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 0.059%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 1,695th-largest of 3,651 plans among Pennsylvania employers on file, and the 702nd of 2,534 in administrative & support services. In 2024, employees put in $4.31 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,098,724
Participants with balances314
Active participants328
Employer contributions$695,694
Employee contributions$3,000,941
Employer contribution per active participant$2,121
Average account balance$54,455
Benefits paid to participants$1,658,826
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.1M · 314 accts · $696K emplr
2023$12.5M · 291 accts
2022$7.9M · 292 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,015
Investment management$1,732
Total administrative$8,747
The Phenom People, Inc. 401(k) match · 2024
Employer contribution per active participant$2,121
Median for plans this size$2,416

Phenom People, 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 · 20241
ADP, INC. · Loan processing · Recordkeeping$8,747

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

Recordkeeper by year2
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$8,747 · 0.06%
2023$4,190 · 0.04%
2022$3,865 · 0.06%
Same employer
Similar plansAdministrative & Support Services · Pennsylvania
Clear Peo, LLC PA$20.3M · 0.64%
The Cei Group, Inc. PA$18.0M · 0.14%
Asd, Inc. PA$17.2M · 0.01%
Prism Spectrum Holdings LLC PA$17.2M · 0.38%
J. Reckner Associates, Inc. PA$15.1M · 0.45%
Roadrunner Recycling, Inc. PA$14.8M · 0.10%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 273257925 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.