Plan Ledger DOL Form 5500 · updated monthly

The Children's Institute Parent Company403(b)

403(B) THRIFT PLAN OF THE CHILDREN'S INSTITUTE OF PITTSBURGH · PITTSBURGH, PA · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

The Children's Institute Parent Company reported $45,219 in plan administrative expenses for 2024: 0.16% of average plan assets, below the peer median. Employer contributions averaged $1,481 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 0.37% to 0.16%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,206th-largest of 3,651 plans among Pennsylvania employers on file, and the 2,843rd of 11,911 in health care & social assistance. In 2024, employees put in $2.00 for every $1.00 the employer contributed; active participation has grown from 371 to 430 since 2022.

Plan summary
Net assets, end of year$29,091,635
Participants with balances607
Active participants430
Employer contributions$636,905
Employee contributions$1,273,040
Employer contribution per active participant$1,481
Average account balance$47,927
Benefits paid to participants$4,329,119
Plan auditUnmodified (clean) audit opinion
AuditorSCHNIEDER DOWNS & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$29.1M · 607 accts · $637K emplr
2023$27.2M · 530 accts · $555K emplr
2022$23.4M · 524 accts · $476K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,219
Total administrative$45,219
Employer contributions to the The Children's Institute Parent Company plan · 2024
Employer contribution per active participant$1,481
Median for plans this size$2,416
2024$1,481 per active participant
2023$1,338 per active participant
2022$1,282 per active participant

The Children's Institute Parent Company's 2024 employer contribution ran below the $2,416 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$29,171
METRO BENEFITS, INC. · Contract administrator · Other services$9,047
DB ROOT & COMPANY, LLC · Contract administrator · Investment advisory (plan)$7,000
SCHNEIDER DOWNS INC. · Accounting / auditindirect comp

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$45,219 · 0.16%
2023$100,967 · 0.40%
2022$97,755 · 0.37%
Similar plansHealth Care & Social Assistance · Pennsylvania
Achieva PA$30.0M · 0.09%
Wesley Family Services PA$29.7M · 0.46%
Jevs Human Services PA$28.8M · 0.28%
Quality Life Services PA$28.6M · 0.68%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 872677614 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.