Plan Ledger DOL Form 5500 · updated monthly

Servis One Inc. dba Bsi Financial Services, Inc.401(k)

SERVIS ONE INC 401(K) PROFIT SHARING PLAN & TRUST · TITUSVILLE, PA · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Servis One Inc. dba Bsi Financial Services, Inc. reported $13,493 in plan administrative expenses for 2024: 0.18% of average plan assets, lower than ~75% of peers. Employer contributions averaged $663 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 0.05% to 0.18%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Pennsylvania (2,541st of 3,651), and 1,886th of 3,341 in other services. In 2024, employees put in $6.04 for every $1.00 the employer contributed; active participation has shrunk from 332 to 266 since 2022.

Plan summary
Net assets, end of year$7,861,027
Participants with balances187
Active participants266
Employer contributions$176,269
Employee contributions$1,064,513
Employer contribution per active participant$663
Average account balance$42,038
Benefits paid to participants$1,007,727
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.9M · 187 accts · $176K emplr
2023$6.9M · 210 accts · $215K emplr
2022$5.6M · 217 accts · $163K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,493
Total administrative$13,493
The Servis One Inc. dba Bsi Financial Services, Inc. 401(k) match · 2024
Employer contribution per active participant$663
Median for plans this size$1,313
2024$663 per active participant
2023$790 per active participant
2022$491 per active participant

Servis One Inc. dba Bsi Financial Services, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20244
EDWARD D JONES & CO · Investment advisory (plan)$17,602
DUNBAR BENDER & ZAPF, INC. · Contract administrator$9,156
EMPOWER ADVISORY GROUP, LLC · Investment management$558

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$13,493 · 0.18%
2023$619 · 0.01%
2022$2,591 · 0.05%
Same employer
Similar plansOther Services · Pennsylvania
Infaith PA$8.1M · 0.01%
Urban Affairs Coalition PA$8.0M · 1.04%
Perseus House, Inc. PA$7.7M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043800293 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.