Plan Ledger DOL Form 5500 · updated monthly

Phrg Management, LLC401(k)

PHRG MANAGEMENT, LLC 401(K) SAVINGS PLAN · CHESTER, PA · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Phrg Management, LLC reported $185,004 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $2,275 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 0.15% to 0.13%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 339th-largest of 3,651 plans among Pennsylvania employers on file, and the 425th of 5,337 in construction. In 2024, employees put in $1.76 for every $1.00 the employer contributed; active participation has grown from 2,736 to 3,753 since 2022.

Plan summary
Net assets, end of year$157,801,516
Participants with balances2,389
Active participants3,753
Employer contributions$8,536,901
Employee contributions$15,013,350
Employer contribution per active participant$2,275
Average account balance$66,053
Benefits paid to participants$8,468,981
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$157.8M · 2,389 accts · $8.5M emplr
2023$120.5M · 2,264 accts · $7.1M emplr
2022$86.3M · 1,860 accts · $6.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$185,004
Total administrative$185,004
The Phrg Management, LLC 401(k) match · 2024
Employer contribution per active participant$2,275
Median for plans this size$3,635
2024$2,275 per active participant
2023$2,338 per active participant
2022$2,523 per active participant

Phrg Management, LLC's 2024 employer contribution ran below the $3,635 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 · 20242
CHARLES SCHWAB & CO., INC. · Securities brokerage$47

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$185,004 · 0.13%
2023$121,928 · 0.12%
2022$133,017 · 0.15%
Similar plansConstruction · Pennsylvania
Kinsley Construction, Inc. PA$197.2M · 0.17%
Penn Line Enterprises, Inc. PA$190.1M · 0.00%
Glenn O. Hawbaker, Inc. PA$187.7M · 0.19%
H & K Group, Inc. PA$157.4M · 0.11%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 853991731 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.