Plan Ledger DOL Form 5500 · updated monthly

University Corporation for Advanced Internet Development403(b)

UNIVERSITY CORPORATION FOR ADVANCED INTERNET DEVEL DEFINED CONTRIBUTION RETIREMENT PLAN · ANN ARBOR, MI · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

University Corporation for Advanced Internet Development reported $34,268 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $13,141 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 0.06% to 0.08%. 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 547th-largest of 2,619 plans among Michigan employers on file, and the 453rd of 3,341 in other services. In 2024, the employer put in $2.01 for every $1.00 employees contributed themselves; active participation has grown from 120 to 149 since 2022.

Plan summary
Net assets, end of year$46,562,183
Participants with balances267
Active participants149
Employer contributions$1,958,001
Employee contributions$975,040
Employer contribution per active participant$13,141
Average account balance$174,390
Benefits paid to participants$1,892,748
Plan auditUnmodified (clean) audit opinion
AuditorBENNETT & ASSOCIATES CPAS PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$46.6M · 267 accts · $2.0M emplr
2023$39.5M · 241 accts · $1.6M emplr
2022$32.5M · 224 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,268
Total administrative$34,268
Employer contributions to the University Corporation for Advanced Internet Development plan · 2024
Employer contribution per active participant$13,141
Median for plans this size$2,416
2024$13,141 per active participant
2023$11,976 per active participant
2022$12,743 per active participant

University Corporation for Advanced Internet Development'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 · 20241
TIAA · Claims processing · Contract administrator$34,568

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

Recordkeeper by year2
2024TIAA
2023TIAA

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

Administrative cost history3
2024$34,268 · 0.08%
2023$25,274 · 0.07%
2022$20,055 · 0.06%
All plans at this employer2
UNIVERSITY CORPORATION FOR ADVANCED INTERNET DEVEL DEFINED CONTRIBUTION RETIREMENT PLAN403(b)
UNIVERSITY CORPORATION FOR ADVANCED INTERNET DEVELOPMENT TDA PLAN403(b)
Same employer
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The Kresge Foundation MI$63.1M · 0.02%
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Trescal, Inc. MI$45.0M · 0.33%
Fraunhofer USA MI$44.0M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522060187 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.