Plan Ledger DOL Form 5500 · updated monthly

United Way of Central Maryland, Inc403(b)

UNITED WAY OF CENTRAL MARYLAND, INC. SECTION 403(B) RETIREMENT SAVINGS PLAN · BALTIMORE, MD · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

United Way of Central Maryland, Inc reported $4,113 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,360 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 0.01% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 675th-largest of 1,671 plans among Maryland employers on file, and the 1,092nd of 3,341 in other services. In 2024, employees put in $1.98 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,988,374
Participants with balances266
Active participants208
Employer contributions$490,794
Employee contributions$971,115
Employer contribution per active participant$2,360
Average account balance$71,385
Benefits paid to participants$1,696,211
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.0M · 266 accts · $491K emplr
2023$16.6M · 263 accts · $461K emplr
2022$12.7M · 239 accts · $378K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,113
Total administrative$4,113
Employer contributions to the United Way of Central Maryland, Inc plan · 2024
Employer contribution per active participant$2,360
Median for plans this size$2,416
2024$2,360 per active participant
2023$2,125 per active participant
2022$1,855 per active participant

United Way of Central Maryland, Inc's 2024 employer contribution ran below 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
MUTUAL OF AMERICA LIFE INSURANCE CO · Recordkeeping · Custodial (securities)indirect comp
T. ROWE PRICE · Custodial (securities) · Loan processingindirect comp

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$4,113 · 0.02%
2023$4,775 · 0.03%
2022$2,050 · 0.01%
Same employer
Similar plansOther Services · Maryland
Umgc Ventures, Inc. MD$21.5M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521256292 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.