Plan Ledger DOL Form 5500 · updated monthly

McWane Science Center403(b)

MCWANE SCIENCE CENTER RETIREMENT SAVINGS PLAN · BIRMINGHAM, AL · plan year 2022

Reported admin expense ratio · 2022
0.33%

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

McWane Science Center reported $7,565 in plan administrative expenses for 2022: 0.33% of average plan assets, below the peer median. Employer contributions averaged $563 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in Alabama (804th of 902), and 1,150th of 1,311 in arts, entertainment & recreation. In 2022, employees put in $1.64 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,955,103
Participants with balances67
Active participants87
Employer contributions$48,952
Employee contributions$80,055
Employer contribution per active participant$563
Average account balance$29,181
Benefits paid to participants$246,839
Plan auditUnmodified (clean) audit opinion
AuditorBORLAND AND BENEFIELD
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$7,565
Total administrative$7,565
The McWane Science Center 401(k) match · 2022
Employer contribution per active participant$563
Median for plans this size$1,114

McWane Science Center's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$7,565 · 0.33%
Similar plansArts, Entertainment & Recreation · Alabama

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Source: U.S. Department of Labor, Form 5500 series, EIN 581933712 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.