Plan Ledger DOL Form 5500 · updated monthly

Progenyhealth, LLC401(k)

PROGENYHEALTH, LLC 401(K) PLAN · PLYMOUTH MEETING, PA · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Progenyhealth, LLC reported $34,960 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $2,455 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 0.38% to 0.27%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Pennsylvania (1,861st of 3,651), and 6,585th of 11,654 in professional & technical services. In 2024, employees put in $2.19 for every $1.00 the employer contributed; active participation has grown from 128 to 270 since 2022.

Plan summary
Net assets, end of year$14,907,030
Participants with balances257
Active participants270
Employer contributions$662,967
Employee contributions$1,452,406
Employer contribution per active participant$2,455
Average account balance$58,004
Benefits paid to participants$839,083
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.9M · 257 accts · $663K emplr
2023$11.3M · 201 accts · $547K emplr
2022$8.4M · 180 accts · $517K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,960
Investment management$30,000
Total administrative$34,960
The Progenyhealth, LLC 401(k) match · 2024
Employer contribution per active participant$2,455
Median for plans this size$2,416
2024$2,455 per active participant
2023$2,433 per active participant
2022$4,040 per active participant

Progenyhealth, LLC's 2024 employer contribution ran above 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 · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$4,960
CREATIVE PLANNING LLC. · Investment advisory (plan)$30,000

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$34,960 · 0.27%
2023$33,799 · 0.34%
2022$34,368 · 0.38%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 134281270 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.