Plan Ledger DOL Form 5500 · updated monthly

The Wedge Medical Center, Inc.401(k)

THE WEDGE MEDICAL CENTER 401(K) PLAN · PHILADELPHIA, PA · plan year 2022

Reported admin expense ratio · 2022
1.03%

The Wedge Medical Center, Inc. reported $16,044 in plan administrative expenses for 2022: 1.03% of average plan assets, higher than ~75% of peers. 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Pennsylvania (3,459th of 3,651), and 10,555th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$1,398,201
Participants with balances78
Active participants124
Employer contributions—
Employee contributions$171,030
Employer contribution per active participant—
Average account balance$17,926
Benefits paid to participants$209,447
Plan auditDisclaimer of opinion
AuditorTOUEY AND COMPANY LLC CPAS
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$16,044
Total administrative$16,044
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$16,044 · 1.03%
Similar plansHealth Care & Social Assistance · Pennsylvania
The Ecumenical Community PA$1.5M · 0.19%
McAr, Inc. PA$1.4M · 1.29%
Typical Life Corporation PA$1.3M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232817643 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.