Plan Ledger DOL Form 5500 · updated monthly

The Philadelphia Orchestra and Kimmel Center, Inc.403(b)

THE PHILADELPHIA ORCHESTRA & KIMMEL CENTER, INC. RETIREMENT SAVINGS PLAN · PHILADELPHIA, PA · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

The Philadelphia Orchestra and Kimmel Center, Inc. reported $24,786 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,988 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 1 year on file its reported administrative ratio rose from 0.08% to 0.09%. 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 the 1,192nd-largest of 3,651 plans among Pennsylvania employers on file, and the 319th of 1,311 in arts, entertainment & recreation.

Plan summary
Net assets, end of year$29,730,625
Participants with balances448
Active participants319
Employer contributions$2,867,213
Employee contributions—
Employer contribution per active participant$8,988
Average account balance$66,363
Benefits paid to participants$1,120,041
Plan auditUnmodified (clean) audit opinion
AuditorMILLIGAN & COMPANY, LLC
Plan history2
Yearassets · accounts · employer contribution
2024$29.7M · 448 accts · $2.9M emplr
2023$24.5M · 386 accts · $2.3M emplr
Employer contributions to the The Philadelphia Orchestra and Kimmel Center, Inc. plan · 2024
Employer contribution per active participant$8,988
Median for plans this size$2,416
2024$8,988 per active participant
2023$8,114 per active participant

The Philadelphia Orchestra and Kimmel Center, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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.

Administrative cost history2
2024$24,786 · 0.09%
2023$18,296 · 0.08%
Same employer
Similar plansArts, Entertainment & Recreation · Pennsylvania
Sugarhouse Hsp Gaming, LP PA$39.3M · 0.03%
Festival Fun Parks, LLC PA$31.9M · 0.11%
Pittsburgh Cultural Trust PA$24.8M · 0.33%
Lemieux Group LP PA$23.2M · 0.28%
The Franklin Institute PA$20.7M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 874303823 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.