Plan Ledger DOL Form 5500 · updated monthly

United Employee Services, Inc.401(k)

UNITED EMPLOYEE SERVICES 401(K) RETIREMENT SAVINGS PLAN · CLEARWATER, FL · plan year 2023

Reported admin expense ratio · 2023
1.42%

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

United Employee Services, Inc. reported $104,664 in plan administrative expenses for 2023: 1.42% of average plan assets, higher than ~90% of peers. Employer contributions averaged $717 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other administrative & support services employers. By assets it is the 1,817th-largest of 3,644 plans among Florida employers on file, and the 1,023rd of 2,534 in administrative & support services. In 2023, employees put in $2.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,664,391
Participants with balances454
Active participants511
Employer contributions$366,302
Employee contributions$1,060,902
Employer contribution per active participant$717
Average account balance$21,287
Benefits paid to participants$762,372
Plan auditUnmodified (clean) audit opinion
AuditorSMITH & HOWARD,PC
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$80,246
Investment management$24,418
Total administrative$104,664
The United Employee Services, Inc. 401(k) match · 2023
Employer contribution per active participant$717
Median for plans this size$1,308

United Employee Services, Inc.'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 · 20233
JOHN HANCOCK LIFE INSURANCE CO · Recordkeeping$6,622
SOUNDERS FINANCIAL ADVISORS · Investment advisory (participants)$17,581
ONEDIGITAL INVESTMENT ADVISORS · Investment advisory (participants)$6,837

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

Administrative cost history1
2023$104,664 · 1.42%
Same employer
Similar plansAdministrative & Support Services · Florida
Deployed Services, LLC FL$10.0M · 2.07%
Sp Vessel Buyer LLC FL$9.8M · 0.13%
Nightingale Nurses LLC FL$9.6M · 0.13%
The Results Companies LLC FL$9.2M · 1.09%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 593482298 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.