Philadelphia Corporation for Aging retirement plan: assets, participants and fees
What Philadelphia Corporation for Aging's retirement plan plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Kreischer Miller (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Frozen | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 35 pension plans in other services with 500 to 999 participants.
| Philadelphia Corporation for Aging: employer contribution per participant | $1,321 | |
| Peer median | $4,468 |
| Philadelphia Corporation for Aging: average balance | $74,569 | |
| Peer median | $131,680 |
| Philadelphia Corporation for Aging: admin expenses ÷ assets | 0.54% | |
| Peer median | 0.50% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $1.2M at the end of plan year 2021 to $56.4M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 757 | $56.4M | $1M | $1,321 | 0.54% | Not published | Form 5500 ↗ |
| 2023 | 775 | $63.3M | $2.5M | $3,226 | 0.50% | Not published | Form 5500 ↗ |
| 2022 | 883 | $124M | $2.1M | $2,378 | 0.18% | Not published | Form 5500 ↗ |
| 2021 | 499 | $1.2M | $817K | $1,691 | 0.33% | Not published | Form 5500 ↗ |
Common questions
Does Philadelphia Corporation for Aging match 401(k) contributions?
The match terms for the Philadelphia Corporation for Aging Pension Plan have not been published from its filing yet. The plan year 2024 filing reports $1M in employer contributions, about $1,321 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Philadelphia Corporation for Aging 401(k) match vested?
The vesting schedule for the Philadelphia Corporation for Aging Pension Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Philadelphia Corporation for Aging 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is Philadelphia Corporation for Aging.
I left Philadelphia Corporation for Aging. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Philadelphia Corporation for Aging, (215) 765-9000) or the recordkeeper, Principal Life Insurance Company. The Philadelphia Corporation for Aging old 401(k) page lists the contacts from every plan filing. Find an old Philadelphia Corporation for Aging 401(k)
Data from the public Form 5500 annual reports Philadelphia Corporation for Aging filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Philadelphia Corporation for Aging. Not financial advice. Report a correction · Methodology