Plan Ledger DOL Form 5500 · updated monthly

Punxsutawney Area Hospital, Inc.401(k)

PUNXSUTAWNEY AREA HOSPITAL, INC. 401(K) PROFIT SHARING PLAN · PUNXSUTAWNEY, PA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Punxsutawney Area Hospital, Inc. reported $1,925 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,206 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 0.011% to 0.006%. 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 1,133rd-largest of 3,651 plans among Pennsylvania employers on file, and the 2,645th of 11,911 in health care & social assistance. In 2024, employees put in $3.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$31,791,225
Participants with balances493
Active participants414
Employer contributions$499,221
Employee contributions$1,541,155
Employer contribution per active participant$1,206
Average account balance$64,485
Benefits paid to participants$2,839,973
Plan auditUnmodified (clean) audit opinion
AuditorJOHN KELLER, MANNING & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$31.8M · 493 accts · $499K emplr
2023$29.2M · 483 accts · $246K emplr
2022$26.5M · 470 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,925
Total administrative$1,925
The Punxsutawney Area Hospital, Inc. 401(k) match · 2024
Employer contribution per active participant$1,206
Median for plans this size$2,416
2024$1,206 per active participant
2023$600 per active participant

Punxsutawney Area Hospital, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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
AMERITAS LIFE INSURANCE CORP. · Recordkeeping$1,975

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

Recordkeeper by year2
2024Ameritas
2023Ameritas

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

Administrative cost history3
2024$1,925 · 0.01%
2023$4,834 · 0.02%
2022$2,778 · 0.01%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 250965210 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.