Plan Ledger DOL Form 5500 · updated monthly

University of Pittsburgh and Upmc Medical and Health Sciences Foundat403(b)

PITT-UPMC MEDICAL & HEALTH SCIENCES FDN 403B PLAN · PITTSBURGH, PA · plan year 2024

Reported admin expense ratio · 2024
0.03%

University of Pittsburgh and Upmc Medical and Health Sciences Foundat reported $3,897 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. 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 0.02% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Pennsylvania (1,937th of 3,651), and 1,857th of 3,091 in educational services. active participation has grown from 83 to 92 since 2022.

Plan summary
Net assets, end of year$14,017,302
Participants with balances173
Active participants92
Employer contributions—
Employee contributions$722,150
Employer contribution per active participant—
Average account balance$81,025
Benefits paid to participants$854,387
Plan auditUnmodified (clean) audit opinion
AuditorLOUIS PLUNG & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$14.0M · 173 accts
2023$12.4M · 182 accts
2022$10.4M · 171 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,396
Investment management$1,501
Total administrative$3,897
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.

Administrative cost history3
2024$3,897 · 0.03%
2023$3,530 · 0.03%
2022$2,288 · 0.02%
All plans at this employer2
PITT-UPMC MEDICAL & HEALTH SCIENCES FDN 401A PLANProfit-sharing plan
PITT-UPMC MEDICAL & HEALTH SCIENCES FDN 403B PLAN403(b)
Similar plansEducational Services · Pennsylvania
Goddard Systems, Inc. PA$15.0M · 0.42%
Friendship Academy PA$13.3M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 113708851 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.