Plan Ledger DOL Form 5500 · updated monthly

Unicare Inc401(k)

UNICARE INC 401(K) PROFIT SHARING PLAN & TRUST · ESCONDIDO, CA · plan year 2024

Reported admin expense ratio · 2024
1.48%

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

Unicare Inc reported $17,791 in plan administrative expenses for 2024: 1.48% of average plan assets, higher than ~90% of peers. Employer contributions averaged $0 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 1.22% to 1.48%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (8,699th of 9,483), and 10,712th of 11,911 in health care & social assistance. active participation has shrunk from 172 to 103 since 2022.

Plan summary
Net assets, end of year$1,222,085
Participants with balances67
Active participants103
Employer contributions$0
Employee contributions$230,299
Employer contribution per active participant$0
Average account balance$18,240
Benefits paid to participants$289,761
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.2M · 67 accts
2023$1.2M · 105 accts
2022$847K · 102 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,425
Investment management$9,506
Trustee / custodial$860
Total administrative$17,791
The Unicare Inc 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Unicare Inc's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PAYCHEX, INC. · Recordkeeping$7,260
PARK AVE SECURITIES C/O GLIC · Investment advisory (participants)$8,263

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$17,791 · 1.48%
2023$12,980 · 1.28%
2022$8,549 · 1.22%
Similar plansHealth Care & Social Assistance · California
Lita and Ava, Inc. CA$1.2M · 0.68%
Little Otter CA$1.2M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364908825 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.