Plan Ledger DOL Form 5500 · updated monthly

United Homes Group, Inc.401(k)

UNITED HOMES GROUP 401(K) PLAN · CHAPIN, SC · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

United Homes Group, Inc. reported $3,537 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,031 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 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in South Carolina (538th of 807), and 3,750th of 5,337 in construction. In 2024, employees put in $2.22 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,113,859
Participants with balances155
Active participants192
Employer contributions$389,980
Employee contributions$864,455
Employer contribution per active participant$2,031
Average account balance$39,444
Benefits paid to participants$366,853
Plan auditUnmodified (clean) audit opinion
AuditorBARB & COMPANY, PA
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,537
Total administrative$3,537
The United Homes Group, Inc. 401(k) match · 2024
Employer contribution per active participant$2,031
Median for plans this size$1,313

United Homes Group, Inc.'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
ASCENSUS LLC · Loan processing · Recordkeeping$3,537

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

Administrative cost history1
2024$3,537 · 0.07%
Similar plansConstruction · South Carolina
Atlantic Electric, LLC SC$7.6M · 0.08%
Doc Maintenance, Inc. SC$6.4M · 0.78%
Metal Trades, Inc. SC$6.3M · 0.57%
Waldrop, Inc. SC$5.7M · 0.03%
Ame, Inc. SC$4.7M · 0.82%
Simpson Electric Company SC$4.6M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 853460766 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.