Plan Ledger DOL Form 5500 · updated monthly

Presbyterian Manor, Inc.Profit-sharing plan

DEFINED CONTRIBUTION PENSION PLAN FOR EMPLOYEES OF PRESBYTERIAN MANOR · WICHITA FALLS, TX · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Presbyterian Manor, Inc. reported $2,233 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,078 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 0.05% to 0.07%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Texas (4,439th of 5,688), and 8,917th of 11,911 in health care & social assistance. active participation has grown from 133 to 148 since 2022.

Plan summary
Net assets, end of year$3,493,462
Participants with balances203
Active participants148
Employer contributions$307,595
Employee contributions—
Employer contribution per active participant$2,078
Average account balance$17,209
Benefits paid to participants$150,759
Plan auditUnmodified (clean) audit opinion
AuditorFREEMON, SHAPARD & STORY
Plan history3
Yearassets · accounts · employer contribution
2024$3.5M · 203 accts · $308K emplr
2023$3.0M · 188 accts · $287K emplr
2022$2.6M · 186 accts · $259K emplr
Employer contributions to the Presbyterian Manor, Inc. plan · 2024
Employer contribution per active participant$2,078
Median for plans this size$1,313
2024$2,078 per active participant
2023$2,123 per active participant
2022$1,948 per active participant

Presbyterian Manor, Inc.'s 2024 employer contribution ran above the $1,313 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
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$3,019

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$2,233 · 0.07%
2023$1,403 · 0.05%
2022$1,443 · 0.05%
Same employer
Similar plansHealth Care & Social Assistance · Texas
Burmont, Inc. TX$3.6M · 1.35%
Everiz Management, LLC TX$3.5M · 0.20%
Corrhealth LLC TX$3.5M · 1.56%
Restore Hyper Wellness TX$3.4M · 0.89%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751522727 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.