Plan Ledger DOL Form 5500 · updated monthly

The Highlands at Wyomissing403(b)

THE HIGHLANDS AT WYOMISSING 403(B) PLAN · WYOMISSING, PA · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

The Highlands at Wyomissing reported $55,888 in plan administrative expenses for 2024: 0.63% of average plan assets, above the peer median. Employer contributions averaged $978 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 0.49% to 0.63%. 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 (2,368th of 3,651), and 5,968th of 11,911 in health care & social assistance. In 2024, employees put in $2.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,234,722
Participants with balances406
Active participants340
Employer contributions$332,405
Employee contributions$799,539
Employer contribution per active participant$978
Average account balance$22,746
Benefits paid to participants$1,267,774
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.2M · 406 accts · $332K emplr
2023$8.5M · 399 accts · $343K emplr
2022$6.9M · 416 accts · $352K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,234
Investment management$1,654
Total administrative$55,888
Employer contributions to the The Highlands at Wyomissing plan · 2024
Employer contribution per active participant$978
Median for plans this size$1,313
2024$978 per active participant
2023$973 per active participant
2022$987 per active participant

The Highlands at Wyomissing'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 · 20243
THE MANDMARBLESTONE GROUP LLC · Contract administrator$12,000
EMPOWER ADVISORY GROUP, LLC · Investment management$1,654

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$55,888 · 0.63%
2023$43,694 · 0.57%
2022$31,877 · 0.49%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Blueprints PA$9.4M · 0.39%
Saint Mary's Home of Erie PA$9.4M · 0.78%
Hcsc-Blood Center, Inc. PA$9.2M · 0.33%
White Horse Village Inc. PA$9.2M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222790840 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.