Plan Ledger DOL Form 5500 · updated monthly

Redstone Highlands403(b)

REDSTONE PRESBYTERIAN SENIORCARE NON-BARGAINING 403(B) PLAN · GREENSBURG, PA · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Redstone Highlands reported $18,988 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $1,478 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 0.14% to 0.18%. 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 among the smaller plans on file in Pennsylvania (2,211th of 3,651), and the 5,461st of 11,911 in health care & social assistance. In 2024, employees put in $1.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,853,845
Participants with balances285
Active participants278
Employer contributions$410,924
Employee contributions$551,847
Employer contribution per active participant$1,478
Average account balance$38,084
Benefits paid to participants$1,521,644
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.9M · 285 accts · $411K emplr
2023$10.5M · 313 accts · $415K emplr
2022$8.9M · 332 accts · $347K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,400
Total administrative$18,988
Employer contributions to the Redstone Highlands plan · 2024
Employer contribution per active participant$1,478
Median for plans this size$2,416
2024$1,478 per active participant
2023$1,519 per active participant
2022$1,248 per active participant

Redstone Highlands'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
BAKER TILLY VIRCHOW KRAUSE, LLP · Accounting / audit$9,157
DELUZIO & COMPANY LLP · Accounting / auditindirect 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$18,988 · 0.18%
2023$9,157 · 0.09%
2022$13,682 · 0.14%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Clarion Hospital PA$11.2M · 0.24%
Quick Med Claims, LLC PA$10.8M · 1.01%
Peter Becker Community PA$10.7M · 0.02%
Holy Family Institute PA$10.6M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251729925 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.