Plan Ledger DOL Form 5500 · updated monthly

Union Institute & University403(b)

UNION INSTITUTE & UNIVERSITY RETIREMENT PLAN · CINCINNATI, OH · plan year 2023

Reported admin expense ratio · 2023
0.01%

Union Institute & University reported $1,187 in plan administrative expenses for 2023: 0.01% of average plan assets, lower than ~75% of peers. 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 1 year on file its reported administrative ratio rose from 0.006% to 0.009%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Ohio (1,680th of 3,295), and 1,872nd of 3,091 in educational services.

Plan summary
Net assets, end of year$13,740,590
Participants with balances276
Active participants0
Employer contributions—
Employee contributions$89,757
Employer contribution per active participant—
Average account balance$49,785
Benefits paid to participants$1,548,680
Plan auditUnmodified (clean) audit opinion
AuditorCLARK, SCHAEFFER, HACKETT & CO.
Plan history2
Yearassets · accounts · employer contribution
2023$13.7M · 276 accts
2022$13.6M · 296 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$1,187
Total administrative$1,187
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
USI CONSULTING GROUP · Claims processing · Recordkeeping$1,187

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

Administrative cost history2
2023$1,187 · 0.01%
2022$907 · 0.01%
Same employer
Similar plansEducational Services · Ohio
Old Trail School OH$17.0M · 0.24%
University of Rio Grande OH$16.9M · 0.05%
Walsh Jesuit High School OH$12.4M · 0.38%
Lawrence School OH$8.9M · 0.21%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 310747997 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.