Plan Ledger DOL Form 5500 · updated monthly

United Way Miami, Inc.401(k)

UNITED WAY MIAMI 401(K) PLAN · MIAMI, FL · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

United Way Miami, Inc. reported $35,433 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $4,846 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 $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,503rd-largest of 3,644 plans among Florida employers on file, and the 4,926th of 11,911 in health care & social assistance. In 2024, the employer put in $1.78 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$12,941,091
Participants with balances289
Active participants223
Employer contributions$1,080,666
Employee contributions$608,505
Employer contribution per active participant$4,846
Average account balance$44,779
Benefits paid to participants$760,444
Plan auditUnmodified (clean) audit opinion
AuditorCITRIN COOPERMAN & CO LLP
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,999
Investment management$17,434
Total administrative$35,433
The United Way Miami, Inc. 401(k) match · 2024
Employer contribution per active participant$4,846
Median for plans this size$2,416

United Way Miami, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$17,999
MERRILL LYNCH · Investment advisory (plan)$11,449
MERRILL LYNCH · Investment advisory (participants)$5,983
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$35,433 · 0.27%
All plans at this employer2
UNITED WAY MIAMI 401(K) PLAN401(k)
UNITED WAY OF MIAMI-DADE, INC. 401(K) PLAN401(k)
Same employer
Similar plansHealth Care & Social Assistance · Florida
Embrace Families, Inc. FL$12.8M · 0.49%
The Chrysalis Center, Inc. FL$12.8M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 590830840 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.