Plan Ledger DOL Form 5500 · updated monthly

Wesley Spectrum Services403(b)

WESLEY SPECTRUM SERVICES 403(B) SAVINGS PLAN · WILKINSBURG, PA · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Wesley Spectrum Services reported $277 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 fell from 0.09% to 0.00%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Pennsylvania (2,046th of 3,651), and 1,930th of 3,091 in educational services. active participation has shrunk from 100 to 71 since 2022.

Plan summary
Net assets, end of year$12,740,293
Participants with balances193
Active participants71
Employer contributions$0
Employee contributions$0
Employer contribution per active participant$0
Average account balance$66,012
Benefits paid to participants$971,900
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.7M · 193 accts
2023$12.1M · 210 accts
2022$11.3M · 228 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$277
Total administrative$277
Employer contributions to the Wesley Spectrum Services plan · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Wesley Spectrum Services'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
FORT PITT CAPITAL GROUP LLC · Investment advisory (plan)$22,814

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$277 · 0.00%
2023$304 · 0.00%
2022$11,591 · 0.09%
Similar plansEducational Services · Pennsylvania
Friendship Academy PA$13.3M · 0.01%
Folium, Inc. PA$12.9M · 0.79%
The Barnes Foundation PA$12.4M · 0.32%
The Pathway School PA$12.4M · 0.00%
Lenape Valley Foundation PA$11.5M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251180602 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.