Plan Ledger DOL Form 5500 · updated monthly

The Pennsylvania Horticultural Society403(b)

THE PENNSYLVANIA HORTICULTURAL SOCIETY DEFINED CONTRIBUTION PLAN · PHILADELPHIA, PA · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

The Pennsylvania Horticultural Society reported $65,253 in plan administrative expenses for 2024: 0.46% of average plan assets, above the peer median. Employer contributions averaged $2,523 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 0.01% to 0.46%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in Pennsylvania (1,832nd of 3,651), and the 515th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $2.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,199,201
Participants with balances187
Active participants132
Employer contributions$333,089
Employee contributions$807,202
Employer contribution per active participant$2,523
Average account balance$81,279
Benefits paid to participants$803,061
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.2M · 187 accts · $333K emplr
2023$13.3M · 179 accts · $326K emplr
2022$11.1M · 175 accts · $296K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$65,253
Total administrative$65,253
Employer contributions to the The Pennsylvania Horticultural Society plan · 2024
Employer contribution per active participant$2,523
Median for plans this size$2,416
2024$2,523 per active participant
2023$2,430 per active participant
2022$2,278 per active participant

The Pennsylvania Horticultural Society's 2024 employer contribution ran above 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$65,253
GRANT THORNTON LLP · 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$65,253 · 0.46%
2023$44,883 · 0.37%
2022$1,074 · 0.01%
Similar plansArts, Entertainment & Recreation · Pennsylvania
Lemieux Group LP PA$23.2M · 0.28%
The Franklin Institute PA$20.7M · 0.04%
Mount Airy #1, LLC PA$16.0M · 0.90%
Highlands Ventures, LLC PA$12.8M · 0.39%
The Merion Cricket Club PA$11.8M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231352265 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.