Plan Ledger DOL Form 5500 · updated monthly

Seg Inc.401(k)

SPRING EDUCATION GROUP 401(K) RETIREMENT PLAN · WEST CHESTER, PA · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Seg Inc. reported $530,465 in plan administrative expenses for 2024: 0.27% of average plan assets, higher than ~75% of peers. Employer contributions averaged $970 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 0.30% to 0.27%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other educational services employers. By assets it is the 267th-largest of 3,651 plans among Pennsylvania employers on file, and the 262nd of 3,091 in educational services. In 2024, employees put in $3.67 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$216,996,318
Participants with balances7,180
Active participants6,418
Employer contributions$6,226,257
Employee contributions$22,843,407
Employer contribution per active participant$970
Average account balance$30,222
Benefits paid to participants$22,624,388
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$217.0M · 7,180 accts · $6.2M emplr
2023$182.3M · 7,153 accts · $5.5M emplr
2022$141.9M · 6,069 accts · $4.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$442,065
Investment management$62,300
Audit (IQPA)$26,100
Total administrative$530,465
The Seg Inc. 401(k) match · 2024
Employer contribution per active participant$970
Median for plans this size$3,635
2024$970 per active participant
2023$830 per active participant
2022$742 per active participant

Seg Inc.'s 2024 employer contribution ran below the $3,635 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
CAPFINANCIAL PARTNERS LLC · Investment advisory (plan)$62,300
TORRILLO & ASSOCIATES, LLC · Accounting / audit$26,100

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$530,465 · 0.27%
2023$438,746 · 0.27%
2022$437,948 · 0.30%
Same employer
Similar plansEducational Services · Pennsylvania
Haverford College PA$260.0M · 0.01%
La Salle University PA$228.8M · 0.05%
Wilkes University PA$223.6M · 0.03%
Milton Hershey School PA$214.3M · 0.03%
York College of Pennsylvania PA$202.9M · 0.10%
Robert Morris University PA$187.6M · 0.30%
Gettysburg College PA$179.7M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222465204 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.