Plan Ledger DOL Form 5500 · updated monthly

United Community Independence Programs401(k)

PREVAILING MULTIPLE EMPLOYER PLAN · MEADVILLE, PA · plan year 2023

Reported admin expense ratio · 2023
1.52%

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

United Community Independence Programs reported $40,732 in plan administrative expenses for 2023: 1.52% of average plan assets, higher than ~90% of peers. Employer contributions averaged $985 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 has held roughly steady near 1.52%. 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 Pennsylvania (3,201st of 3,651), and 9,358th of 11,911 in health care & social assistance. In 2023, employees put in $1.72 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,868,126
Participants with balances145
Active participants231
Employer contributions$227,420
Employee contributions$391,008
Employer contribution per active participant$985
Average account balance$19,780
Benefits paid to participants$489,906
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $100K emplr
2023$2.9M · 145 accts · $227K emplr
2022$2.5M · 130 accts · $196K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$21,917
Investment management$18,815
Total administrative$40,732
The United Community Independence Programs 401(k) match · 2023
Employer contribution per active participant$985
Median for plans this size$1,308
2023$985 per active participant
2022$876 per active participant

United Community Independence Programs's 2023 employer contribution ran below the $1,308 median for plans its size. 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 · 20232
SPECIALIZED PLAN ADMINISTRATORS · Recordkeeping$16,305
NOVUS ADVISORS · Investment advisory (plan) · Investment management$18,815

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

Recordkeeper by year2
2024SPECIALIZED PLAN ADMINISTRATORS
2023SPECIALIZED PLAN ADMINISTRATORS

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

Administrative cost history3
2024Not separately reported
2023$40,732 · 1.52%
2022$36,369 · 1.50%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Grove Manor PA$3.0M · 1.46%
Tyrone Hospital PA$2.8M · 1.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251197287 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.