Plan Ledger DOL Form 5500 · updated monthly

United Negro College Fund, Inc.403(b)

UNITED NEGRO COLLEGE FUND DC RETIREMENT PLAN · WASHINGTON, DC · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

United Negro College Fund, Inc. reported $26,557 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,692 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 0.03% to 0.06%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 192nd-largest of 618 plans among District of Columbia employers on file, and the 1,009th of 3,091 in educational services. In 2024, employees put in $1.60 for every $1.00 the employer contributed; active participation has grown from 262 to 408 since 2022.

Plan summary
Net assets, end of year$44,246,126
Participants with balances446
Active participants408
Employer contributions$1,098,234
Employee contributions$1,752,632
Employer contribution per active participant$2,692
Average account balance$99,207
Benefits paid to participants$2,854,295
Plan auditDisclaimer of opinion
AuditorSMITH AND HOWARD, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$44.2M · 446 accts · $1.1M emplr
2023$39.1M · 450 accts · $937K emplr
2022$34.3M · 409 accts · $790K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,557
Total administrative$26,557
Employer contributions to the United Negro College Fund, Inc. plan · 2024
Employer contribution per active participant$2,692
Median for plans this size$2,416
2024$2,692 per active participant
2023$2,215 per active participant
2022$3,015 per active participant

United Negro College Fund, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20242
TIAA$20,008
SMITH & HOWARD, P.C. · Accounting / audit$6,199

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$26,557 · 0.06%
2023$22,456 · 0.06%
2022$11,803 · 0.03%
Same employer
Similar plansEducational Services · District of Columbia

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Source: U.S. Department of Labor, Form 5500 series, EIN 131624241 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.