Plan Ledger DOL Form 5500 · updated monthly

Resources for Human Development, Inc.403(b)

RHD INVESTORS CHOICE 403(B) PLAN · PHILADELPHIA, PA · plan year 2023

Reported admin expense ratio · 2023
0.69%

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

Resources for Human Development, Inc. reported $150,972 in plan administrative expenses for 2023: 0.69% of average plan assets, higher than ~90% of peers. Employer contributions averaged $102 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 0.67% to 0.81%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,392nd-largest of 3,651 plans among Pennsylvania employers on file, and the 3,272nd of 11,911 in health care & social assistance. In 2023, employees put in $6.82 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$23,807,475
Participants with balances2,960
Active participants3,908
Employer contributions$397,945
Employee contributions$2,712,977
Employer contribution per active participant$102
Average account balance$8,043
Benefits paid to participants$2,796,884
Plan auditUnmodified (clean) audit opinion
AuditorMARCUM LLP
Plan history3
Yearassets · accounts · employer contribution
2024$23.8M · 2,806 accts · $478K emplr
2023$23.8M · 2,960 accts · $398K emplr
2022$19.6M · 3,018 accts · $2.2M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$150,972
Total administrative$150,972
Employer contributions to the Resources for Human Development, Inc. plan · 2023
Employer contribution per active participant$102
Median for plans this size$2,440
2024$141 per active participant
2023$102 per active participant
2022$612 per active participant

Resources for Human Development, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231

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$193,384 · 0.81%
2023$150,972 · 0.69%
2022$134,054 · 0.67%
Same employer
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The Mennonite Home PA$24.5M · 0.32%
Pma Medical Specialists PA$24.4M · 0.18%
Step by Step, Inc. PA$23.8M · 0.39%
Tri-Century Eye Care, P.C. PA$22.2M · 0.30%
Presbyterian Seniorcare PA$22.2M · 0.56%
Family Counseling Center PA$22.2M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231727133 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.