Akron Summit Community Action, Inc.403(b)
AKRON SUMMIT COMMUNITY ACTION, INC. 403B TAX DEFERRED ANNUITY PLAN · AKRON, OH · plan year 2024
Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works
Akron Summit Community Action, Inc. reported $125,282 in plan administrative expenses for 2024: 0.81% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,811 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 3 years on file its reported administrative ratio has held roughly steady near 0.805%. 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 the 1,549th-largest of 3,295 plans among Ohio employers on file, and the 1,241st of 3,341 in other services. In 2024, the employer put in $1.03 for every $1.00 employees contributed themselves; active participation has grown from 196 to 222 since 2022.
Akron Summit Community Action, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size. 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 340965339 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.