Plan Ledger DOL Form 5500 · updated monthly

Primary Health Network403(b)

PRIMARY HEALTH NETWORK RETIREMENT SAVINGS PLAN · SHARON, PA · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Primary Health Network reported $123,876 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $2,247 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 0.47% to 0.36%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,032nd-largest of 3,651 plans among Pennsylvania employers on file, and the 2,402nd of 11,911 in health care & social assistance. In 2024, employees put in $1.72 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$36,423,074
Participants with balances519
Active participants668
Employer contributions$1,500,915
Employee contributions$2,584,663
Employer contribution per active participant$2,247
Average account balance$70,179
Benefits paid to participants$4,734,669
Plan auditUnmodified (clean) audit opinion
AuditorMAHER DUESSEL
Plan history3
Yearassets · accounts · employer contribution
2024$36.4M · 519 accts · $1.5M emplr
2023$32.2M · 480 accts · $1.1M emplr
2022$26.3M · 444 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$123,876
Total administrative$123,876
Employer contributions to the Primary Health Network plan · 2024
Employer contribution per active participant$2,247
Median for plans this size$2,416
2024$2,247 per active participant
2023$1,734 per active participant
2022$1,727 per active participant

Primary Health Network'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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$123,875
PNC BANK · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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$123,876 · 0.36%
2023$113,229 · 0.39%
2022$136,912 · 0.47%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Uniontown Hospital PA$35.6M · 0.22%
Partners for Quality, Inc. PA$35.6M · 0.44%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 251381800 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.