Plan Ledger DOL Form 5500 · updated monthly

United Methodist Childrens Home403(b)

UNITED METHODIST CHILDRENS HOME 403(B) PLAN · MONTGOMERY, AL · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

United Methodist Childrens Home reported $17,237 in plan administrative expenses for 2024: 0.34% of average plan assets, below the peer median. Employer contributions averaged $1,999 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 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Alabama (625th of 902), and 7,906th of 11,911 in health care & social assistance. In 2024, the employer put in $1.36 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$4,999,504
Participants with balances113
Active participants91
Employer contributions$181,865
Employee contributions$133,906
Employer contribution per active participant$1,999
Average account balance$44,243
Benefits paid to participants$466,227
Plan auditUnmodified (clean) audit opinion
Employer contributions to the United Methodist Childrens Home plan · 2024
Employer contribution per active participant$1,999
Median for plans this size$1,313

United Methodist Childrens Home's 2024 employer contribution ran above 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
LINCOLN NATIONAL CORPORATION · Recordkeeping$16,032
MERRILL LYNCH · Investment advisory (plan)$8,740
AZALEA ADMINISTRATION · Contract administrator$2,481

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

Administrative cost history1
2024$17,237 · 0.34%
Similar plansHealth Care & Social Assistance · Alabama

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Source: U.S. Department of Labor, Form 5500 series, EIN 630302145 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.