Plan Ledger DOL Form 5500 · updated monthly

Third Way Center, Inc.403(b)

THIRD WAY CENTER, INC. 403(B) PLAN · DENVER, CO · plan year 2024

Reported admin expense ratio · 2024
0.67%

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

Third Way Center, Inc. reported $41,783 in plan administrative expenses for 2024: 0.67% of average plan assets, above the peer median. Employer contributions averaged $1,186 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 0.67%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Colorado (941st of 1,461), and 6,978th of 11,911 in health care & social assistance. In 2024, employees put in $1.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,767,004
Participants with balances127
Active participants178
Employer contributions$211,156
Employee contributions$419,729
Employer contribution per active participant$1,186
Average account balance$53,283
Benefits paid to participants$328,254
Plan auditUnmodified (clean) audit opinion
AuditorPLANTE & MORAN LLC
Plan history3
Yearassets · accounts · employer contribution
2024$6.8M · 127 accts · $211K emplr
2023$5.8M · 116 accts · $101K emplr
2022$4.9M · 116 accts · $97K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,648
Investment management$30,135
Total administrative$41,783
Employer contributions to the Third Way Center, Inc. plan · 2024
Employer contribution per active participant$1,186
Median for plans this size$1,313
2024$1,186 per active participant
2023$592 per active participant
2022$563 per active participant

Third Way Center, 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.

Service providers · 20243
EMPOWER ADVISORY GROUP, LLC · Investment management$15,207
MMA SECURITIES LLC · Investment advisory (plan)$14,766

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$41,783 · 0.67%
2023$35,558 · 0.67%
2022$36,904 · 0.68%
Same employer
Similar plansHealth Care & Social Assistance · Colorado
Food Bank of the Rockies CO$7.5M · 0.39%
Savio House CO$7.0M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 840599572 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.