Plan Ledger DOL Form 5500 · updated monthly

United Family Practice Health403(b)

403(B) THRIFT PLAN OF UNITED FAMILY PRACTICE HEALTH CENTER · SAINT PAUL, MN · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

United Family Practice Health reported $676 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,047 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 3 years on file its reported administrative ratio has held roughly steady near 0.010%. 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 Minnesota (1,445th of 1,918), and 6,789th of 11,911 in health care & social assistance. In 2024, employees put in $1.90 for every $1.00 the employer contributed; active participation has shrunk from 97 to 74 since 2022.

Plan summary
Net assets, end of year$7,156,310
Participants with balances122
Active participants74
Employer contributions$151,507
Employee contributions$287,233
Employer contribution per active participant$2,047
Average account balance$58,658
Benefits paid to participants$1,214,683
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.2M · 122 accts · $152K emplr
2023$7.0M · 136 accts · $249K emplr
2022$5.9M · 120 accts · $216K emplr
Employer contributions to the United Family Practice Health plan · 2024
Employer contribution per active participant$2,047
Median for plans this size$1,313
2024$2,047 per active participant
2023$3,364 per active participant
2022$2,230 per active participant

United Family Practice Health's 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$857

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$676 · 0.01%
2023$347 · 0.01%
2022$629 · 0.01%
Similar plansHealth Care & Social Assistance · Minnesota
Jones-Harrison Residence MN$8.0M · 0.07%
Excel Mso, LLC MN$7.1M · 0.32%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 270052697 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.