Plan Ledger DOL Form 5500 · updated monthly

Traditions of America LP401(k)

TRADITIONS OF AMERICA 401(K) RETIREMENT PLAN · BERWYN, PA · plan year 2024

Reported admin expense ratio · 2024
0.94%

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

Traditions of America LP reported $78,087 in plan administrative expenses for 2024: 0.94% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,299 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 0.94%. 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 (2,463rd of 3,651), and 1,808th of 3,341 in other services. In 2024, employees put in $2.04 for every $1.00 the employer contributed; active participation has shrunk from 122 to 96 since 2022.

Plan summary
Net assets, end of year$8,503,329
Participants with balances138
Active participants96
Employer contributions$316,739
Employee contributions$646,374
Employer contribution per active participant$3,299
Average account balance$61,618
Benefits paid to participants$1,428,711
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.5M · 138 accts · $317K emplr
2023$8.0M · 146 accts · $342K emplr
2022$6.4M · 177 accts · $326K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$66,087
Audit (IQPA)$12,000
Total administrative$78,087
The Traditions of America LP 401(k) match · 2024
Employer contribution per active participant$3,299
Median for plans this size$1,313
2024$3,299 per active participant
2023$3,199 per active participant
2022$2,670 per active participant

Traditions of America LP's 2024 employer contribution ran above the $1,313 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.

Service providers · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$66,087
TORRILLO & ASSOCIATES LL · Accounting / audit$12,000
S B H U LIFE AGENCY INC · Other servicesindirect comp

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$78,087 · 0.94%
2023$70,537 · 0.98%
2022$63,472 · 0.92%
Similar plansOther Services · Pennsylvania
Endurance Group, LLC PA$10.1M · 0.07%
Pennsylvania Farm Bureau PA$8.9M · 0.51%
Indian Creek Foundation PA$8.5M · 0.61%
Kuljian Corporation PA$8.3M · 0.51%
Infaith PA$8.1M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232921193 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.