Plan Ledger DOL Form 5500 · updated monthly

United Collection Bureau, Inc. and Subsidiaries401(k)

THE UNITED COLLECTION BUREAU, INC. SAVINGS PLAN AND TRUST · TOLEDO, OH · plan year 2023

Reported admin expense ratio · 2023
0.53%

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

United Collection Bureau, Inc. and Subsidiaries reported $40,925 in plan administrative expenses for 2023: 0.53% of average plan assets, above the peer median. Employer contributions averaged $153 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 fell from 0.58% to 0.46%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Ohio (2,146th of 3,295), and the 1,105th of 2,534 in administrative & support services. In 2023, employees put in $10.47 for every $1.00 the employer contributed; active participation has grown from 319 to 413 since 2022.

Plan summary
Net assets, end of year$8,501,190
Participants with balances185
Active participants413
Employer contributions$63,305
Employee contributions$662,511
Employer contribution per active participant$153
Average account balance$45,952
Benefits paid to participants$626,402
Plan auditUnmodified (clean) audit opinion
AuditorMIRA + KOLENA, LTD
Plan history3
Yearassets · accounts · employer contribution
2024$6.8M · 131 accts · $69K emplr
2023$8.5M · 185 accts · $63K emplr
2022$7.0M · 175 accts · $67K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$40,925
Total administrative$40,925
The United Collection Bureau, Inc. and Subsidiaries 401(k) match · 2023
Employer contribution per active participant$153
Median for plans this size$1,308
2024$381 per active participant
2023$153 per active participant
2022$211 per active participant

United Collection Bureau, Inc. and Subsidiaries's 2023 employer contribution ran below the $1,308 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
VENTURE VISIONARY PARTNERS LLC · Investment advisory (plan)$19,100
MIRA + KOLENA LTD · Accounting / audit$18,086
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$3,739

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$35,344 · 0.46%
2023$40,925 · 0.53%
2022$48,008 · 0.58%
Same employer
Similar plansAdministrative & Support Services · Ohio
Healthcomp, Inc. OH$8.8M · 0.37%
Reilly Sweeping, Inc. OH$8.5M · 0.60%
Accuserve Solutions, Inc. OH$7.2M · 0.98%

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Source: U.S. Department of Labor, Form 5500 series, EIN 344479789 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.