Plan Ledger DOL Form 5500 · updated monthly

Self Help Movement Inc.401(k)

SELF HELP MOVEMENT INC. 401(K) PLAN · PHILADELPHIA, PA · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Self Help Movement Inc. reported $20,766 in plan administrative expenses for 2024: 0.59% of average plan assets, above the peer median. Employer contributions averaged $2,786 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 0.22% to 0.59%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Pennsylvania (3,043rd of 3,651), and 8,631st of 11,911 in health care & social assistance. In 2024, employees put in $1.14 for every $1.00 the employer contributed; active participation has grown from 77 to 109 since 2022.

Plan summary
Net assets, end of year$3,887,615
Participants with balances127
Active participants109
Employer contributions$303,723
Employee contributions$344,846
Employer contribution per active participant$2,786
Average account balance$30,611
Benefits paid to participants$302,628
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.9M · 127 accts · $304K emplr
2023$3.2M · 114 accts · $146K emplr
2022$2.5M · 111 accts · $174K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,245
Investment management$6,521
Total administrative$20,766
The Self Help Movement Inc. 401(k) match · 2024
Employer contribution per active participant$2,786
Median for plans this size$1,313
2024$2,786 per active participant
2023$1,533 per active participant
2022$2,259 per active participant

Self Help Movement Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$13,113
BCG SECURITIES · Investment advisory (plan)$6,251

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$20,766 · 0.59%
2023$6,400 · 0.22%
2022$6,750 · 0.22%
Similar plansHealth Care & Social Assistance · Pennsylvania
Maybrook-C Opco Holdings PA$3.9M · 1.13%
Kelsch Associates, Inc. PA$3.8M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231985315 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.