Plan Ledger DOL Form 5500 · updated monthly

United Way of Greater Cleveland403(b)

UNITED WAY OF GREATER CLEVELAND 403(B) RETIREMENT PLAN · CLEVELAND, OH · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

United Way of Greater Cleveland reported $42,513 in plan administrative expenses for 2024: 0.60% of average plan assets, above the peer median. Employer contributions averaged $3,762 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 3 years on file its reported administrative ratio has held roughly steady near 0.60%. 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 Ohio (2,243rd of 3,295), and 1,947th of 3,341 in other services. In 2024, employees put in $1.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,441,637
Participants with balances145
Active participants96
Employer contributions$361,174
Employee contributions$423,212
Employer contribution per active participant$3,762
Average account balance$51,322
Benefits paid to participants$994,228
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.4M · 145 accts · $361K emplr
2023$6.7M · 137 accts · $317K emplr
2022$6.4M · 136 accts · $298K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,513
Total administrative$42,513
Employer contributions to the United Way of Greater Cleveland plan · 2024
Employer contribution per active participant$3,762
Median for plans this size$1,313
2024$3,762 per active participant
2023$3,051 per active participant
2022$2,919 per active participant

United Way of Greater Cleveland'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 · 20243
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$20,204
CBIZ BENEFITS & INS SERVICES INCindirect comp

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$42,513 · 0.60%
2023$38,353 · 0.58%
2022$41,601 · 0.61%
Similar plansOther Services · Ohio
Rocking Horse Center OH$8.6M · 0.39%
United Labor Agency OH$7.1M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 346516654 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.