Plan Ledger DOL Form 5500 · updated monthly

Urban Resource InstituteMoney purchase plan

URI EMPLOYEE'S RETIREMENT PENSION PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Urban Resource Institute reported $97,647 in plan administrative expenses for 2024: 0.57% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,320 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 0.57%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 2,644th-largest of 5,648 plans among New York employers on file, and the 3,920th of 11,911 in health care & social assistance. active participation has shrunk from 415 to 369 since 2022.

Plan summary
Net assets, end of year$18,313,427
Participants with balances710
Active participants369
Employer contributions$1,962,903
Employee contributions$0
Employer contribution per active participant$5,320
Average account balance$25,794
Benefits paid to participants$1,179,713
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.3M · 710 accts · $2.0M emplr
2023$15.9M · 710 accts · $1.7M emplr
2022$13.6M · 659 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$66,201
Total administrative$97,647
Employer contributions to the Urban Resource Institute plan · 2024
Employer contribution per active participant$5,320
Median for plans this size$2,416
2024$5,320 per active participant
2023$2,881 per active participant
2022$3,589 per active participant

Urban Resource Institute'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
MUTUAL OF AMERICA SEC. CORP LLC · Recordkeeping · Loan processing$97,647

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$97,647 · 0.57%
2023$53,470 · 0.36%
2022$7,292 · 0.06%
Same employer
Similar plansHealth Care & Social Assistance · New York
Orleans Community Health NY$18.4M · 0.28%
Hcr NY$18.2M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 112561648 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.