Plan Ledger DOL Form 5500 · updated monthly

The Pennsylvania Society for Prevention of Cruel403(b)

403(B) THRIFT PLAN FOR THE THE PENNSYLVANIA SOCIETY FOR PREVENTION OF CRUEL · PHILADELPHIA, PA · plan year 2024

Reported admin expense ratio · 2024
1.90%

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

The Pennsylvania Society for Prevention of Cruel reported $32,696 in plan administrative expenses for 2024: 1.90% of average plan assets, higher than ~90% of peers. Employer contributions averaged $193 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 1.69% to 1.90%. 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 (3,387th of 3,651), and 2,902nd of 3,341 in other services. In 2024, employees put in $5.93 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,814,600
Participants with balances180
Active participants170
Employer contributions$32,732
Employee contributions$194,227
Employer contribution per active participant$193
Average account balance$10,081
Benefits paid to participants$308,727
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.8M · 180 accts · $33K emplr
2023$1.6M · 202 accts · $32K emplr
2022$1.3M · 194 accts · $28K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,696
Total administrative$32,696
Employer contributions to the The Pennsylvania Society for Prevention of Cruel plan · 2024
Employer contribution per active participant$193
Median for plans this size$1,313
2024$193 per active participant
2023$185 per active participant
2022$160 per active participant

The Pennsylvania Society for Prevention of Cruel's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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 · 20245
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$12,899
GREAT-WEST LIFE & ANNUITY INS. CO.$11,536
ALLIANT INSURANCE SERVICES, INC. · Contract administrator · Investment advisory (plan)$4,985
ALLIANT INSURANCE SERVICES · Contract administrator · Investment advisory (plan)$3,676
EMPOWER ADVISORY GROUP, LLC · Investment management$879

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$32,696 · 1.90%
2023$23,906 · 1.64%
2022$22,527 · 1.69%
Similar plansOther Services · Pennsylvania
Balfurd, Inc. PA$2.0M · 1.06%
Keystone Clippers, LLC PA$1.6M · 1.94%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231352269 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.