Plan Ledger DOL Form 5500 · updated monthly

Ppl Services Corporation401(k)

PPL DEFERRED SAVINGS PLAN · ALLENTOWN, PA · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Ppl Services Corporation reported $3,912 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,882 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 0.01% to 0.00%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other utilities employers. By assets it is the 127th-largest of 3,651 plans among Pennsylvania employers on file, and the 59th of 412 in utilities. In 2024, employees put in $3.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$617,841,210
Participants with balances1,204
Active participants513
Employer contributions$2,504,525
Employee contributions$8,537,823
Employer contribution per active participant$4,882
Average account balance$513,157
Benefits paid to participants$82,680,091
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$617.8M · 1,204 accts · $2.5M emplr
2023$556.0M · 1,295 accts · $2.3M emplr
2022$448.5M · 1,310 accts · $2.1M emplr
The Ppl Services Corporation 401(k) match · 2024
Employer contribution per active participant$4,882
Median for plans this size$4,294
2024$4,882 per active participant
2023$4,453 per active participant
2022$4,563 per active participant

Ppl Services Corporation's 2024 employer contribution ran above the $4,294 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
K&L GATES · Legal$5,150

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$3,912 · 0.00%
2023$27,302 · 0.01%
2022$58,983 · 0.01%
All plans at this employer5
PPL EMPLOYEE STOCK OWNERSHIP PLANESOP
PPL EMPLOYEE SAVINGS PLAN401(k)
PPL DEFERRED SAVINGS PLAN401(k)
PPL RETIREMENT READINESS PLAN401(k)
PPL RETIREMENT SAVINGS PLAN401(k)
Same employer
Similar plansUtilities · Pennsylvania
Ugi Utilities, Inc. PA$713.8M · 0.05%
Essential Utilities, Inc. PA$623.5M · 0.15%
Pjm Interconnection L.L.C. PA$498.1M · 0.02%
Duquesne Light Company PA$210.7M · 0.10%
Quench USA, Inc PA$43.5M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 233041441 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.