Plan Ledger DOL Form 5500 · updated monthly

The Arc of Northeastern Pennsylvania401(k)

THE ARC OF NORTHEASTERN PENNSYLVANIA RETIREMENT PLAN · SCRANTON, PA · plan year 2023

Reported admin expense ratio · 2023
0.95%

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

The Arc of Northeastern Pennsylvania reported $21,455 in plan administrative expenses for 2023: 0.95% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,992 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 1 year on file its reported administrative ratio fell from 1.22% to 0.95%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Pennsylvania (3,297th of 3,651), and 9,807th of 11,911 in health care & social assistance. In 2023, the employer put in $3.32 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$2,293,057
Participants with balances96
Active participants87
Employer contributions$173,264
Employee contributions$52,162
Employer contribution per active participant$1,992
Average account balance$23,886
Benefits paid to participants$373,924
Plan auditUnmodified (clean) audit opinion
AuditorBARBETTI MCHALE LLC
Plan history2
Yearassets · accounts · employer contribution
2023$2.3M · 96 accts · $173K emplr
2022$2.2M · 108 accts · $239K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$21,455
Total administrative$21,455
The The Arc of Northeastern Pennsylvania 401(k) match · 2023
Employer contribution per active participant$1,992
Median for plans this size$1,308
2023$1,992 per active participant
2022$2,412 per active participant

The Arc of Northeastern Pennsylvania's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$21,455

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2023$21,455 · 0.95%
2022$25,312 · 1.22%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Family Resources PA$2.4M · 1.34%
H.E.S. Inc. PA$2.3M · 0.00%
Lafayette Manor, Inc. PA$2.3M · 0.23%
The Summit School, Inc. PA$2.3M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 240838702 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.