Plan Ledger DOL Form 5500 · updated monthly

Jewish Community Board of Akron, Inc.403(b)

JEWISH COMMUNITY BOARD OF AKRON, INC. 403(B) PLAN · AKRON, OH · plan year 2024

Reported admin expense ratio · 2024
0.83%

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

Jewish Community Board of Akron, Inc. reported $37,916 in plan administrative expenses for 2024: 0.83% of average plan assets, higher than ~75% of peers. Employer contributions averaged $963 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 0.73% to 0.83%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Ohio (2,557th of 3,295), and 2,310th of 3,341 in other services. In 2024, the employer put in $1.19 for every $1.00 employees contributed themselves; active participation has grown from 183 to 202 since 2022.

Plan summary
Net assets, end of year$4,896,582
Participants with balances171
Active participants202
Employer contributions$194,525
Employee contributions$163,409
Employer contribution per active participant$963
Average account balance$28,635
Benefits paid to participants$136,777
Plan auditUnmodified (clean) audit opinion
AuditorCIUNI & PANICHI, INC
Plan history3
Yearassets · accounts · employer contribution
2024$4.9M · 171 accts · $195K emplr
2023$4.2M · 190 accts · $165K emplr
2022$3.8M · 167 accts · $156K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,916
Total administrative$37,916
Employer contributions to the Jewish Community Board of Akron, Inc. plan · 2024
Employer contribution per active participant$963
Median for plans this size$1,313
2024$963 per active participant
2023$754 per active participant
2022$850 per active participant

Jewish Community Board of Akron, Inc.'s 2024 employer contribution ran below the $1,313 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.

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.

Administrative cost history3
2024$37,916 · 0.83%
2023$33,651 · 0.84%
2022$32,211 · 0.73%
Similar plansOther Services · Ohio
Same OH$4.5M · 0.43%
Applewood Centers, Inc. OH$4.4M · 0.94%
Signum LLC OH$4.2M · 0.04%
Godfrey & Wing, LLC OH$4.2M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341884695 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.