Plan Ledger DOL Form 5500 · updated monthly

University of Northwestern Ohio403(b)

UNIVERSITY OF NORTHWESTERN OHIO 403(B) DC · LIMA, OH · plan year 2023

Reported admin expense ratio · 2023
0.36%

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

University of Northwestern Ohio reported $109,788 in plan administrative expenses for 2023: 0.36% of average plan assets, above the peer median. Employer contributions averaged $2,674 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 has held roughly steady near 0.36%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other educational services employers. By assets it is the 928th-largest of 3,295 plans among Ohio employers on file, and the 1,240th of 3,091 in educational services. In 2023, employees put in $1.40 for every $1.00 the employer contributed; active participation has shrunk from 438 to 218 since 2022.

Plan summary
Net assets, end of year$32,055,967
Participants with balances260
Active participants218
Employer contributions$582,854
Employee contributions$817,109
Employer contribution per active participant$2,674
Average account balance$123,292
Benefits paid to participants$2,663,187
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $99K emplr
2023$32.1M · 260 accts · $583K emplr
2022$29.1M · 493 accts · $326K emplr
Administrative expenses, itemized · 2023
Investment management$108,638
Total administrative$109,788
Employer contributions to the University of Northwestern Ohio plan · 2023
Employer contribution per active participant$2,674
Median for plans this size$2,440
2023$2,674 per active participant
2022$744 per active participant

University of Northwestern Ohio's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024Not separately reported
2023$109,788 · 0.36%
2022$110,503 · 0.35%
Same employer
Similar plansEducational Services · Ohio
Laurel School OH$37.4M · 0.02%
Columbus School for Girls OH$37.2M · 0.27%
Western Reserve Academy OH$30.2M · 0.20%
Cleveland Institute of Art OH$29.3M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341695897 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.