Plan Ledger DOL Form 5500 · updated monthly

Wes Health System403(b)

WES HEALTH SYSTEM 403(B) PLAN · PHILADELPHIA, PA · plan year 2024

Reported admin expense ratio · 2024
0.95%

Wes Health System reported $20,235 in plan administrative expenses for 2024: 0.95% 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.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.95%. 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 (3,311th of 3,651), and 9,850th of 11,911 in health care & social assistance. active participation has grown from 215 to 279 since 2022.

Plan summary
Net assets, end of year$2,231,021
Participants with balances172
Active participants279
Employer contributions—
Employee contributions$176,958
Employer contribution per active participant—
Average account balance$12,971
Benefits paid to participants$240,664
Plan auditUnmodified (clean) audit opinion
AuditorTHE FINANCIAL CONSULTING FIRM
Plan history3
Yearassets · accounts · employer contribution
2024$2.2M · 172 accts
2023$2.0M · 181 accts · $85K emplr
2022$1.8M · 150 accts · $69K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,235
Total administrative$20,235
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$20,234
MORGAN STANLEY · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect 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$20,235 · 0.95%
2023$17,917 · 0.94%
2022$15,019 · 0.93%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Lafayette Manor, Inc. PA$2.3M · 0.23%
The Summit School, Inc. PA$2.3M · 0.04%
Grove Dental Group PA$2.2M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 233048845 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.