Plan Ledger DOL Form 5500 · updated monthly

Youth Opportunity Center Inc.403(b)

YOUTH OPPORTUNITY CENTER INC. 403B RETIREMENT PLAN · MUNCIE, IN · plan year 2023

Reported admin expense ratio · 2023
1.25%

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

Youth Opportunity Center Inc. reported $68,819 in plan administrative expenses for 2023: 1.25% of average plan assets, higher than ~90% of peers. Employer contributions averaged $366 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 fell from 1.35% to 1.28%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Indiana (1,123rd of 1,562), and 7,551st of 11,911 in health care & social assistance. In 2023, employees put in $1.64 for every $1.00 the employer contributed; active participation has grown from 260 to 388 since 2022.

Plan summary
Net assets, end of year$5,653,792
Participants with balances338
Active participants388
Employer contributions$141,991
Employee contributions$232,888
Employer contribution per active participant$366
Average account balance$16,727
Benefits paid to participants$967,925
Plan auditUnmodified (clean) audit opinion
AuditorWHITINGER & COMPANY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$5.6M · 345 accts · $155K emplr
2023$5.7M · 338 accts · $142K emplr
2022$5.4M · 322 accts · $154K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$22,982
Investment management$45,837
Total administrative$68,819
Employer contributions to the Youth Opportunity Center Inc. plan · 2023
Employer contribution per active participant$366
Median for plans this size$1,308
2024$389 per active participant
2023$366 per active participant
2022$592 per active participant

Youth Opportunity Center Inc.'s 2023 employer contribution ran below the $1,308 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
BENEFIT PLANS ADMINISTRATIVE SVCS · Recordkeeping · Consulting$38,872
OLD NATIONAL BANCORP · Investment advisory (plan) · Other services$19,047
FIRST MERCHANTS TRUST CO · Investment advisory (plan) · Other services$10,900

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

Recordkeeper by year2
2024BENEFIT PLANS ADMINISTRATIVE SVCS
2023BENEFIT PLANS ADMINISTRATIVE SVCS

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

Administrative cost history3
2024$72,090 · 1.28%
2023$68,819 · 1.25%
2022$74,269 · 1.35%
Same employer
Similar plansHealth Care & Social Assistance · Indiana
Home Care Providers Inc. IN$5.7M · 0.22%
Sycamore Services, Inc IN$5.5M · 0.96%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351805697 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.