Plan Ledger DOL Form 5500 · updated monthly

United Helpers Management Company, Inc.401(k)

UNITED HELPERS 401(K) RETIREMENT PLAN · OGDENSBURG, NY · plan year 2024

Reported admin expense ratio · 2024
1.34%

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

United Helpers Management Company, Inc. reported $118,084 in plan administrative expenses for 2024: 1.34% of average plan assets, higher than ~90% of peers. Employer contributions averaged $129 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 1.340%. 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 New York (3,765th of 5,648), and 6,077th of 11,911 in health care & social assistance. In 2024, employees put in $12.84 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,957,523
Participants with balances558
Active participants478
Employer contributions$61,620
Employee contributions$791,181
Employer contribution per active participant$129
Average account balance$16,053
Benefits paid to participants$1,610,728
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.0M · 558 accts · $62K emplr
2023$8.7M · 609 accts · $70K emplr
2022$7.9M · 546 accts · $57K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$100,952
Investment management$17,022
Total administrative$118,084
The United Helpers Management Company, Inc. 401(k) match · 2024
Employer contribution per active participant$129
Median for plans this size$1,313
2024$129 per active participant
2023$123 per active participant
2022$109 per active participant

United Helpers Management Company, 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 · 20243
TRANSAMERICA RETIREMENT SOLUTION · Recordkeeping · Loan processing$82,685
BPAS, INC. · Recordkeeping · Loan processing$27,869
LPL FINANCIAL · Insurance broker · Insurance services$7,530

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

Recordkeeper by year2
2024BPAS, INC., Transamerica
2023BPAS, INC., Transamerica

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

Administrative cost history3
2024$118,084 · 1.34%
2023$89,724 · 1.08%
2022$121,105 · 1.34%
Same employer
Similar plansHealth Care & Social Assistance · New York
Greatcare, Inc. NY$9.0M · 0.18%
Fgs, Inc. NY$9.0M · 0.45%
Gateway-Longview, Inc. NY$8.8M · 0.93%
Seafield Center, Inc. NY$8.8M · 0.04%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 222428919 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.