Plan Ledger DOL Form 5500 · updated monthly

United Way of Central Indiana Inc.401(k)

UNITED WAY OF CENTRAL INDIANA INC. RETIREMENT PLAN · INDIANAPOLIS, IN · plan year 2024

Reported admin expense ratio · 2024
0.70%

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

United Way of Central Indiana Inc. reported $42,918 in plan administrative expenses for 2024: 0.70% of average plan assets, above the peer median. Employer contributions averaged $4,228 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 0.80% to 0.70%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Indiana (1,062nd of 1,562), and 2,052nd of 3,341 in other services. In 2024, employees put in $1.49 for every $1.00 the employer contributed; active participation has grown from 109 to 121 since 2022.

Plan summary
Net assets, end of year$6,778,866
Participants with balances153
Active participants121
Employer contributions$511,556
Employee contributions$760,753
Employer contribution per active participant$4,228
Average account balance$44,306
Benefits paid to participants$739,654
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.8M · 153 accts · $512K emplr
2023$5.4M · 172 accts · $439K emplr
2022$4.4M · 132 accts · $466K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,118
Investment management$16,800
Total administrative$42,918
The United Way of Central Indiana Inc. 401(k) match · 2024
Employer contribution per active participant$4,228
Median for plans this size$1,313
2024$4,228 per active participant
2023$3,853 per active participant
2022$4,272 per active participant

United Way of Central Indiana Inc.'s 2024 employer contribution ran above the $1,313 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 · 20242
PROCOURSE FIDUCIARY ADVISORS, LLC · Investment advisory (plan)$16,800

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$42,918 · 0.70%
2023$48,592 · 0.99%
2022$39,172 · 0.80%
Same employer
Similar plansOther Services · Indiana
Pathfinder Services, Inc. IN$7.2M · 1.00%
USA Football IN$6.9M · 0.64%
AUTO-X-10 D, Inc. IN$6.0M · 0.04%
Id Castings, LLC IN$5.2M · 1.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351007590 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.