Plan Ledger DOL Form 5500 · updated monthly

Upmc Western Maryland Corporation403(b)

UPMC WESTERN MARYLAND 403(B) SAVINGS PLAN · CUMBERLAND, MD · plan year 2023

Reported admin expense ratio · 2023
0.21%

Upmc Western Maryland Corporation reported $170,103 in plan administrative expenses for 2023: 0.21% of average plan assets, above the peer median. 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 fell from 0.21% to 0.18%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 202nd-largest of 1,671 plans among Maryland employers on file, and the 1,260th of 11,911 in health care & social assistance. active participation has shrunk from 1,099 to 978 since 2022.

Plan summary
Net assets, end of year$83,159,008
Participants with balances1,543
Active participants978
Employer contributions—
Employee contributions—
Employer contribution per active participant—
Average account balance$53,894
Benefits paid to participants$9,316,737
Plan auditUnmodified (clean) audit opinion
AuditorSCHENIDER DOWNS & CO., INC.
Plan history3
Yearassets · accounts · employer contribution
2024$81.6M · 1,358 accts
2023$83.2M · 1,543 accts
2022$82.2M · 1,725 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$170,103
Total administrative$170,103
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.

Service providers · 20231
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$170,103

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$148,144 · 0.18%
2023$170,103 · 0.21%
2022$204,190 · 0.21%
Similar plansHealth Care & Social Assistance · Maryland
Novavax, Inc. MD$113.2M · 0.24%
Practice Dynamics Inc. MD$84.5M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520591531 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.