Plan Ledger DOL Form 5500 · updated monthly

The Philadelphia Protestant Home401(k)

THE PHILADELPHIA PROTESTANT HOME 401(K) PLAN · PHILADELPHIA, PA · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

The Philadelphia Protestant Home reported $84,709 in plan administrative expenses for 2024: 0.54% of average plan assets, higher than ~75% of peers. Employer contributions averaged $884 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 3 years on file its reported administrative ratio has held roughly steady near 0.54%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,732nd-largest of 3,651 plans among Pennsylvania employers on file, and the 4,211th of 11,911 in health care & social assistance. In 2024, employees put in $1.52 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,480,496
Participants with balances437
Active participants464
Employer contributions$410,105
Employee contributions$625,219
Employer contribution per active participant$884
Average account balance$37,713
Benefits paid to participants$1,356,340
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.5M · 437 accts · $410K emplr
2023$15.1M · 329 accts · $389K emplr
2022$13.8M · 405 accts · $416K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,312
Investment management$47,397
Total administrative$84,709
The The Philadelphia Protestant Home 401(k) match · 2024
Employer contribution per active participant$884
Median for plans this size$2,416
2024$884 per active participant
2023$797 per active participant
2022$936 per active participant

The Philadelphia Protestant Home's 2024 employer contribution ran below the $2,416 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 · 20242
CBIZ - INR · Investment advisory (plan) · Loan processing$47,397
PCS RETIREMENT, LLC$37,312

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$84,709 · 0.54%
2023$97,231 · 0.67%
2022$86,214 · 0.55%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Meadowood Corporation PA$16.8M · 0.53%
Stairways Behavioral Health PA$16.6M · 0.46%
Grace Inspired Ministries PA$16.3M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231396804 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.