Plan Ledger DOL Form 5500 · updated monthly

Uaspire, Inc.403(b)

UASPIRE DC PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Uaspire, Inc. reported $29,948 in plan administrative expenses for 2024: 0.51% of average plan assets, below the peer median. Employer contributions averaged $3,068 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 0.00% to 0.51%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Massachusetts (2,192nd of 2,726), and 2,377th of 3,091 in educational services. In 2024, employees put in $1.12 for every $1.00 the employer contributed; active participation has grown from 68 to 85 since 2022.

Plan summary
Net assets, end of year$6,508,826
Participants with balances153
Active participants85
Employer contributions$260,793
Employee contributions$291,704
Employer contribution per active participant$3,068
Average account balance$42,541
Benefits paid to participants$196,281
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.5M · 153 accts · $261K emplr
2023$5.2M · 137 accts · $227K emplr
2022$2.2M · 142 accts · $229K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,948
Total administrative$29,948
Employer contributions to the Uaspire, Inc. plan · 2024
Employer contribution per active participant$3,068
Median for plans this size$1,313
2024$3,068 per active participant
2023$3,197 per active participant
2022$3,361 per active participant

Uaspire, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. 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 · 20241
TIAA · Recordkeeping · Pension consulting$29,948

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

Recordkeeper by year2
2024TIAA
2023TIAA

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$29,948 · 0.51%
2023$16,076 · 0.43%
2022$75 · 0.00%
Similar plansEducational Services · Massachusetts
Inly School MA$7.1M · 0.41%
The Rashi School, Inc. MA$6.6M · 0.45%
Teach Plus Incorporated MA$6.6M · 0.03%
The Bottom Line, Inc. MA$6.6M · 0.90%
Milestones, Inc MA$6.1M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 461314848 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.