Plan Ledger DOL Form 5500 · updated monthly

Wesbury United Methodist Community403(b)

WESBURY UNITED METHODIST COMMUNITY RETIREMENT SAVINGS PLAN · MEADVILLE, PA · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Wesbury United Methodist Community reported $63,827 in plan administrative expenses for 2024: 0.57% of average plan assets, higher than ~75% of peers. Employer contributions averaged $622 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 0.29% to 0.57%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Pennsylvania (2,150th of 3,651), and the 1,520th of 3,341 in other services. In 2024, employees put in $2.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,515,314
Participants with balances315
Active participants337
Employer contributions$209,729
Employee contributions$474,559
Employer contribution per active participant$622
Average account balance$36,557
Benefits paid to participants$1,171,998
Plan auditUnmodified (clean) audit opinion
AuditorMCGILL, POWER, BELL & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$11.5M · 315 accts · $210K emplr
2023$10.8M · 338 accts · $207K emplr
2022$9.5M · 358 accts · $207K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,535
Investment management$33,292
Total administrative$63,827
Employer contributions to the Wesbury United Methodist Community plan · 2024
Employer contribution per active participant$622
Median for plans this size$2,416
2024$622 per active participant
2023$551 per active participant
2022$657 per active participant

Wesbury United Methodist Community's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20242
NORTHWEST BANK · Trustee$33,292
DEFINITI LLC$30,535

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$63,827 · 0.57%
2023$50,509 · 0.50%
2022$30,901 · 0.29%
Same employer
Similar plansOther Services · Pennsylvania
Paris Cleaners, Inc. PA$11.9M · 0.06%
D2 Asset Corp PA$11.4M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 250425760 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.