Plan Ledger DOL Form 5500 · updated monthly

Shared Support South, Inc.401(k)

SHARED SUPPORT SOUTH 401(K) PLAN · WARRINGTON, PA · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Shared Support South, Inc. reported $10,760 in plan administrative expenses for 2024: 0.40% of average plan assets, below the peer median. Employer contributions averaged $1,210 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 0.68% to 0.40%. 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 (3,176th of 3,651), and 9,240th of 11,911 in health care & social assistance. In 2024, employees put in $1.82 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,027,075
Participants with balances122
Active participants194
Employer contributions$234,682
Employee contributions$427,209
Employer contribution per active participant$1,210
Average account balance$24,812
Benefits paid to participants$149,747
Plan auditUnmodified (clean) audit opinion
AuditorMAHER DUESSEL
Plan history3
Yearassets · accounts · employer contribution
2024$3.0M · 122 accts · $235K emplr
2023$2.3M · 114 accts · $201K emplr
2022$1.7M · 117 accts · $206K emplr
Administrative expenses, itemized · 2024
Investment management$10,760
Total administrative$10,760
The Shared Support South, Inc. 401(k) match · 2024
Employer contribution per active participant$1,210
Median for plans this size$1,313
2024$1,210 per active participant
2023$1,044 per active participant
2022$1,115 per active participant

Shared Support South, 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 · 20241
FULTON BANK, N.A. · Recordkeeping · Consulting$10,760

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$10,760 · 0.40%
2023$16,489 · 0.83%
2022$10,367 · 0.68%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Family Support Services PA$3.1M · 0.50%
Keystonecare PA$3.1M · 1.16%
Grove Manor PA$3.0M · 1.46%
Tyrone Hospital PA$2.8M · 1.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 832134543 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.