Plan Ledger DOL Form 5500 · updated monthly

United Health Services, Inc.403(b)

UNITED HEALTH SERVICES, INC. 403(B) RETIREMENT PLAN · JOHNSON CITY, NY · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

United Health Services, Inc. reported $967,382 in plan administrative expenses for 2024: 0.27% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,398 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 0.21% to 0.27%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 274th-largest of 5,648 plans among New York employers on file, and the 398th of 11,911 in health care & social assistance. In 2024, employees put in $2.96 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$391,304,584
Participants with balances7,850
Active participants7,279
Employer contributions$10,173,995
Employee contributions$30,080,517
Employer contribution per active participant$1,398
Average account balance$49,848
Benefits paid to participants$27,623,300
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$391.3M · 7,850 accts · $10.2M emplr
2023$329.6M · 7,506 accts · $7.0M emplr
2022$270.4M · 7,239 accts · $6.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$482,820
Investment management$171,164
Total administrative$967,382
Employer contributions to the United Health Services, Inc. plan · 2024
Employer contribution per active participant$1,398
Median for plans this size$4,294
2024$1,398 per active participant
2023$1,031 per active participant
2022$966 per active participant

United Health Services, Inc.'s 2024 employer contribution ran below the $4,294 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 · 20243
VOYA INSTITUTIONAL PLAN SERVICES · Loan processing · Other services$494,619
HEALTH ASSOC OF NY BENEFIT SERVICES$225,000
VOYA RETIREMENT ADVISORS · Investment advisory (participants)$171,164

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$967,382 · 0.27%
2023$744,333 · 0.25%
2022$627,103 · 0.21%
Similar plansHealth Care & Social Assistance · New York
Albany Med Health System NY$599.4M · 0.14%
Team Tag Services, LLC NY$596.9M · 0.17%
New York Blood Center NY$505.2M · 0.11%
Medisys Health Network, Inc. NY$386.7M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222682421 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.