Plan Ledger DOL Form 5500 · updated monthly

The Institute for Human Resources and Services, Inc.401(k)

THE INSTITUTE FOR HUMAN RESOURCES AND SERVICES, INC. RETIREMENT PLAN · KINGSTON, PA · plan year 2024

Reported admin expense ratio · 2024
1.36%

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

The Institute for Human Resources and Services, Inc. reported $25,270 in plan administrative expenses for 2024: 1.36% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,033 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 1.14% to 1.36%. 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 (3,353rd of 3,651), and 2,867th of 3,341 in other services. In 2024, the employer put in $3.56 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$1,980,430
Participants with balances129
Active participants106
Employer contributions$215,470
Employee contributions$60,446
Employer contribution per active participant$2,033
Average account balance$15,352
Benefits paid to participants$205,712
Plan auditUnmodified (clean) audit opinion
AuditorKRONICK KALADA BERDY & CO.
Plan history3
Yearassets · accounts · employer contribution
2024$2.0M · 129 accts · $215K emplr
2023$1.7M · 136 accts · $212K emplr
2022$1.4M · 155 accts · $228K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,327
Investment management$19,944
Total administrative$25,270
The The Institute for Human Resources and Services, Inc. 401(k) match · 2024
Employer contribution per active participant$2,033
Median for plans this size$1,313
2024$2,033 per active participant
2023$1,944 per active participant
2022$2,301 per active participant

The Institute for Human Resources and Services, Inc.'s 2024 employer contribution ran above 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 · 20242
MERRILL LYNCH · Investment management$18,179
PRINCIPAL LIFE INSURANCE COMAPANY · Contract administrator$2,137

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$25,270 · 1.36%
2023$19,489 · 1.22%
2022$16,481 · 1.14%
Same employer
Similar plansOther Services · Pennsylvania
Odd Fellows Home of PA PA$2.2M · 0.64%
Balfurd, Inc. PA$2.0M · 1.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231955577 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.