Plan Ledger DOL Form 5500 · updated monthly

S & a Homes, Inc.401(k)

S & A HOMES AND AFFILIATES PROFIT SHARING AND 401(K) PLAN · STATE COLLEGE, PA · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

S & a Homes, Inc. reported $74,044 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $1,623 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 3 years on file its reported administrative ratio has held roughly steady near 0.31%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 1,341st-largest of 3,651 plans among Pennsylvania employers on file, and the 1,741st of 5,337 in construction. In 2024, employees put in $3.02 for every $1.00 the employer contributed; active participation has shrunk from 213 to 183 since 2022.

Plan summary
Net assets, end of year$25,009,375
Participants with balances285
Active participants183
Employer contributions$296,923
Employee contributions$898,063
Employer contribution per active participant$1,623
Average account balance$87,752
Benefits paid to participants$1,035,023
Plan auditUnmodified (clean) audit opinion
AuditorBROWN PLUS
Plan history3
Yearassets · accounts · employer contribution
2024$25.0M · 285 accts · $297K emplr
2023$22.5M · 307 accts · $314K emplr
2022$24.2M · 307 accts · $279K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$74,044
Total administrative$74,044
The S & a Homes, Inc. 401(k) match · 2024
Employer contribution per active participant$1,623
Median for plans this size$2,416
2024$1,623 per active participant
2023$1,524 per active participant
2022$1,310 per active participant

S & a Homes, Inc.'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 · 20241
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$74,044

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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Administrative cost history3
2024$74,044 · 0.31%
2023$77,237 · 0.33%
2022$85,522 · 0.33%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 251375017 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.