The Veterans Multi-Service Center, Inc.401(k)
THE VETERANS MULTI-SERVICE CENTER, INC. 401(K) PROFIT SHARING PLAN · PHILADELPHIA, PA · plan year 2024
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
The Veterans Multi-Service Center, Inc. reported $12,199 in plan administrative expenses for 2024: 0.62% of average plan assets, above the peer median. Employer contributions averaged $2,094 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 fell from 0.97% to 0.62%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Pennsylvania (3,325th of 3,651), and 9,950th of 11,911 in health care & social assistance. In 2024, the employer put in $1.35 for every $1.00 employees contributed themselves.
The Veterans Multi-Service Center, 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
This plan has changed recordkeepers within these filings. If you left The Veterans Multi-Service Center, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).
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Source: U.S. Department of Labor, Form 5500 series, EIN 232764079 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.