Plan Ledger DOL Form 5500 · updated monthly

Saint John Xxiii Home401(k)

SAINT JOHN XXIII 401(K) PLAN · HERMITAGE, PA · plan year 2023

Reported admin expense ratio · 2023
1.12%

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

Saint John Xxiii Home reported $55,517 in plan administrative expenses for 2023: 1.12% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,260 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 1 year on file its reported administrative ratio rose from 0.90% to 1.12%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Pennsylvania (2,846th of 3,651), and 7,737th of 11,911 in health care & social assistance. In 2023, employees put in $1.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,309,100
Participants with balances83
Active participants97
Employer contributions$122,222
Employee contributions$171,103
Employer contribution per active participant$1,260
Average account balance$63,965
Benefits paid to participants$382,418
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$5.3M · 83 accts · $122K emplr
2022$4.6M · 105 accts · $118K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$30,223
Investment management$25,294
Total administrative$55,517
The Saint John Xxiii Home 401(k) match · 2023
Employer contribution per active participant$1,260
Median for plans this size$1,308
2023$1,260 per active participant
2022$1,126 per active participant

Saint John Xxiii Home's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
PCS RETIREMENT LLC · Claims processing · Contract administrator$30,223
JFS WEALTH ADVISORS · Investment advisory (participants) · Investment advisory (plan)$25,294

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

Administrative cost history2
2023$55,517 · 1.12%
2022$43,872 · 0.90%
Similar plansHealth Care & Social Assistance · Pennsylvania
New Healthworks, Inc. PA$5.3M · 1.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251214797 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.