Plan Ledger DOL Form 5500 · updated monthly

Phoebe-Devitt Homes401(k)

PHOEBE-DEVITT HOMES 401(K) RETIREMENT SAVINGS PLAN · ALLENTOWN, PA · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Phoebe-Devitt Homes reported $165,552 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $1,188 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 0.33% to 0.44%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 967th-largest of 3,651 plans among Pennsylvania employers on file, and the 551st of 3,341 in other services. In 2024, employees put in $1.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$39,496,052
Participants with balances1,197
Active participants1,020
Employer contributions$1,212,087
Employee contributions$1,950,904
Employer contribution per active participant$1,188
Average account balance$32,996
Benefits paid to participants$3,523,402
Plan auditUnmodified (clean) audit opinion
AuditorCAMPBELL, RAPPOLD AND YURASITS
Plan history3
Yearassets · accounts · employer contribution
2024$39.5M · 1,197 accts · $1.2M emplr
2023$35.8M · 1,179 accts · $1.2M emplr
2022$31.0M · 1,200 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$151,566
Investment management$13,986
Total administrative$165,552
The Phoebe-Devitt Homes 401(k) match · 2024
Employer contribution per active participant$1,188
Median for plans this size$2,416
2024$1,188 per active participant
2023$1,217 per active participant
2022$1,069 per active participant

Phoebe-Devitt Homes'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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$151,566
NEW EDGE WEALTH · Investment advisory (plan)$13,986

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$165,552 · 0.44%
2023$120,689 · 0.36%
2022$114,614 · 0.33%
Same employer
Similar plansOther Services · Pennsylvania
Nutrisystem Inc. PA$36.6M · 0.59%
Oncology Nursing Society PA$32.2M · 0.26%
Parkway Corporation PA$30.6M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231396838 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.