Pennsylvania › Health care and social assistance › 500 to 999 participants
Form 5500 statement · plan year 1 Jan 2024 to 31 Dec 2024
Butler Medical Providers 403(b) Retirement Plan
Sponsored by Butler Medical Providers, Butler, PA
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
Butler Medical Providers of Butler, Pennsylvania sponsors Butler Medical Providers 403(b) Retirement Plan, a 403(b) plan. Its Form 5500 for the plan year ending 31 Dec 2024 shows 892 participants (740 active) and $39.6M in net assets.
Net assets came to $44,380 per participant, close to the $46,267 median for defined contribution plans with 500 to 999 participants and well above the $30,764 median for defined contribution plans in health care and social assistance. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
The filing reports no service provider compensation on Schedule C. That is common where fees are paid by the employer or taken from investment returns, neither of which appears there. Administrative expenses charged to the plan were $32K.
Across the filings on record, net assets went from $2.3M in 2010 to $39.6M in 2024 (up 1609%), and participants from 159 to 892 (up 461%).
The independent accountant's opinion on the financial statements was unmodified (unqualified), from an audit whose scope was limited under ERISA section 103(a)(3)(C) to exclude investment information certified by a bank or insurer.
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DC plans |
|---|---|---|---|---|
| Net assets per participant | $44,380 | $46,267 | $30,764 | $53,102 |
| Employer contributions per active participant | — | $1,934 | $1,536 | $2,175 |
| Schedule C compensation per participant | — | $113 | $93.85 | $123 |
| Schedule C compensation, share of net assets | — | 0.25% | 0.31% | 0.26% |
| Administrative expenses per participant | $35.42 | $109 | $86.53 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 500 to 999 participants (10,588 plans), health care and social assistance (9,402) and all US plans (63,460). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 892 | $39.6M | $44,380 | — | $3.9M | $0 |
| 2023 | 884 | $35.6M | $40,277 | — | $4.2M | $118K |
| 2022 | 853 | $28.9M | $33,855 | — | $4.0M | $108K |
| 2021 | 792 | $31.7M | $39,968 | $0 | $3.5M | $112K |
| 2020 | 660 | $25.7M | $39,014 | $0 | $2.9M | $88K |
| 2019 | 587 | $20.8M | $35,509 | $0 | $2.6M | $77K |
| 2018 | 552 | $16.3M | $29,545 | $0 | $2.5M | $72K |
| 2017 | 517 | $15.6M | $30,168 | — | $2.2M | $65K |
| 2016 | 467 | $11.7M | $24,959 | $0 | $1.9M | $67K |
| 2015 | 423 | $9.2M | $21,693 | — | $1.6M | $69K |
| 2014 | 263 | $7.3M | $27,700 | — | $1.3M | $78K |
| 2013 | 216 | $5.7M | $26,435 | — | $1.1M | $71K |
| 2012 | 189 | $3.8M | $20,206 | — | $876K | $50K |
| 2011 | 166 | $2.6M | $15,946 | $0 | $750K | $20K |
| 2010 | 159 | $2.3M | $14,566 | $0 | $606K | $14K |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$35,605,063
- Employer contributions—
- Participant contributions$3,916,063
- Rollovers and other contributions$4,069
- Total contributions$3,920,132
- Total income, including investment results$8,721,035
- Benefits paid$4,576,860
- Administrative expenses$31,596
- Total expenses$4,608,456
- Net income$4,112,579
- Net transfers−$130,321
- Net assets, end of year$39,587,321
Participants
- Active participants740
- Retired or separated, receiving benefits4
- Retired or separated, entitled to future benefits148
- Participants with account balances486
- Total participants, end of year892
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Nationwide | Accounting (including auditing); Recordkeeping and information management | $0 | $0 |
| Definiti LLC | Recordkeeping and information management; Participant loan processing; Other services | $0 | $0 |
| Global Retirement Partners LLC | Investment management | $0 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Recordkeeping fees$31,596
- Total administrative expenses$31,596
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Registered investment companies (mutual funds)$38.2M · 96.5%
- Pooled separate accounts$695K · 1.8%
- Insurance company general account$429K · 1.1%
- Cash (interest and non-interest bearing)$158K · 0.4%
- Participant loans$99K · 0.3%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)Yes
- Accounting firmBaker Tilly US, LLP
- Participant contributions reported as transmitted lateYes, $922,959
- Covered by a fidelity bondYes, $500,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
2GTotal participant-directed account plan2LCode section 403(b)(1) arrangement (annuity contracts)2TTotal or partial participant-directed account plan with a default investment account3HPlan sponsor(s) is (are) a member(s) of a controlled group2KCode section 401(m) arrangement
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 621111: Offices of Physicians (except mental health specialists).
Similar plans in Pennsylvania
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Presbyterian Seniorcare Defined Contribution Plan | Presbyterian Seniorcare | 895 | $22.2M | $24,792 |
| Southwestern PA Human Services, Inc. Pension Plan | Southwestern PA Human Services, Inc. | 888 | $22.7M | $25,556 |
| Southwestern PA Human Services, Inc. Tax Sheltered Annuity Plan | Southwestern PA Human Services, Inc. | 903 | $26.1M | $28,869 |
| Wesley Family Services 401(k) Retirement Plan | Wesley Family Services | 850 | $29.7M | $34,972 |
| Partners for Quality, Inc. 401(k) Plan | Partners for Quality, Inc. | 903 | $35.6M | $39,385 |
| Verland and Affiliates 403(b) Retirement Plan | Verland | 850 | $20.2M | $23,800 |
Defined contribution plans in health care and social assistance closest in size.
Questions and answers
How big is Butler Medical Providers 403(b) Retirement Plan?
892 participants at the end of the plan year ending 31 Dec 2024, of whom 740 were active employees, with net assets of $39,587,321. Among defined contribution plans that places it in the 500 to 999 participants band, which held 10,588 plans in plan year 2024.
What does Butler Medical Providers contribute per participant?
This filing has no Schedule H financial statement, so employer contributions are not reported here.
What fees does the plan pay and how do they compare?
Schedule C reports no provider compensation for the year. Administrative expenses on Schedule H were $31,596. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Butler Medical Providers. Recordkeeping or administration: Nationwide and Definiti LLC. Investment advisory or management: Global Retirement Partners LLC. The financial statements were audited by Baker Tilly US, LLP. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion from a limited-scope audit, in which the accountant did not audit investment information certified by a bank or insurance company. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jan 2024 to 31 Dec 2024, received by the Department of Labor on 13 Oct 2025. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 25-1441961, plan 001, received 13 Oct 2025; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.