Plan Ledger DOL Form 5500 · updated monthly

Warehouse Employees Local 169 & Part. Employers Joint Severance FundProfit-sharing plan

WAREHOUSE EMPLOYEES LOCAL 169 & PARTICIPATING EMPLOYERS JOINT SEVERANCE FUND · ELKINS PARK, PA · plan year 2022

Reported admin expense ratio · 2022
0.90%

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

Warehouse Employees Local 169 & Part. Employers Joint Severance Fund reported $53,500 in plan administrative expenses for 2022: 0.90% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,780 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 rose from 0.90% to 1.03%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Pennsylvania (2,790th of 3,651), and 4,398th of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$5,705,246
Participants with balances846
Active participants73
Employer contributions$202,947
Employee contributions—
Employer contribution per active participant$2,780
Average account balance$6,744
Benefits paid to participants$995,107
Plan auditUnmodified (clean) audit opinion
AuditorBACHELER & COMPANY, PC
Plan history3
Yearassets · accounts · employer contribution
2024$5.0M · 763 accts · $122K emplr
2023$5.6M · 795 accts · $211K emplr
2022$5.7M · 846 accts · $203K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$10,584
Investment management$14,102
Professional / advisory$20,175
Total administrative$53,500
Employer contributions to the Warehouse Employees Local 169 & Part. Employers Joint Severance Fund plan · 2022
Employer contribution per active participant$2,780
Median for plans this size$1,114
2024$1,212 per active participant
2023$2,180 per active participant
2022$2,780 per active participant

Warehouse Employees Local 169 & Part. Employers Joint Severance Fund's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Recordkeeper by year2
2024ZENITH AMERICAN SOLUTIONS INC.
2023ZENITH AMERICAN SOLUTIONS INC.

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$54,303 · 1.03%
2023$52,230 · 0.93%
2022$53,500 · 0.90%
Similar plansFinance & Insurance · Pennsylvania
Centric Bank PA$6.1M · 0.10%
Community State Bank PA$5.5M · 0.76%
New Rez, LLC PA$5.4M · 0.04%
Ideal Concepts, Inc. PA$4.9M · 0.94%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232661636 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.