Plan Ledger DOL Form 5500 · updated monthly

Scully Company401(k)

SCULLY COMPANY 401(K)/PROFIT SHARING PLAN · JENKINTOWN, PA · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

Scully Company reported $75,663 in plan administrative expenses for 2024: 0.54% of average plan assets, higher than ~75% of peers. Employer contributions averaged $728 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 0.58% to 0.54%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Pennsylvania (1,852nd of 3,651), and the 844th of 2,096 in real estate & leasing. In 2024, employees put in $5.23 for every $1.00 the employer contributed; active participation has grown from 258 to 285 since 2022.

Plan summary
Net assets, end of year$15,017,261
Participants with balances301
Active participants285
Employer contributions$207,541
Employee contributions$1,085,687
Employer contribution per active participant$728
Average account balance$49,891
Benefits paid to participants$867,404
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.0M · 301 accts · $208K emplr
2023$13.1M · 292 accts · $191K emplr
2022$11.3M · 337 accts · $182K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$75,533
Investment management$130
Total administrative$75,663
The Scully Company 401(k) match · 2024
Employer contribution per active participant$728
Median for plans this size$2,416
2024$728 per active participant
2023$507 per active participant
2022$704 per active participant

Scully Company'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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$75,140
LEGACY ADVISORS LLC · Investment advisory (plan)$130
THE PARAGON ALLIANCE GROUP LLC · Other servicesindirect 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$75,663 · 0.54%
2023$75,828 · 0.62%
2022$70,444 · 0.58%
Same employer
Similar plansReal Estate & Leasing · Pennsylvania
The Pennrose Companies, LLC PA$19.0M · 0.57%
Pennrose Management Company PA$16.0M · 0.54%
Roosevelt, Inc. PA$15.8M · 0.04%
Bet Investments PA$14.7M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231604780 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.