Plan Ledger DOL Form 5500 · updated monthly

Urban Community School401(k)

URBAN COMMUNITY SCHOOL 401(K) PLAN · CLEVELAND, OH · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Urban Community School reported $6,512 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,582 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 0.103%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Ohio (2,303rd of 3,295), and 2,332nd of 3,091 in educational services. In 2024, the employer put in $1.07 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$7,013,226
Participants with balances151
Active participants154
Employer contributions$551,560
Employee contributions$513,218
Employer contribution per active participant$3,582
Average account balance$46,445
Benefits paid to participants$399,227
Plan auditUnmodified (clean) audit opinion
AuditorBARNES WENDLING CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$7.0M · 151 accts · $552K emplr
2023$5.6M · 166 accts · $622K emplr
2022$4.4M · 226 accts · $586K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,512
Total administrative$6,512
The Urban Community School 401(k) match · 2024
Employer contribution per active participant$3,582
Median for plans this size$1,313
2024$3,582 per active participant
2023$4,262 per active participant
2022$3,903 per active participant

Urban Community School'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 · 20242
ANCORA RETIREMENT PLAN ADVISORS INCindirect comp
VOYA RETIREMENT INS AND ANNUITY COM · Investment advisory (participants)indirect 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$6,512 · 0.10%
2023$7,845 · 0.16%
2022$3,774 · 0.10%
Same employer
Similar plansEducational Services · Ohio
Walsh Jesuit High School OH$12.4M · 0.38%
Lawrence School OH$8.9M · 0.21%
Ccde/Oakstone Academy OH$6.9M · 0.50%
Fred J. Miller, Inc. OH$3.8M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 346608706 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.