Plan Ledger DOL Form 5500 · updated monthly

United Medical Systems (de) Inc.401(k)

UNITED MEDICAL SYSTEMS 401(K) PROFIT SHARING PLAN AND TRUST · WESTBOROUGH, MA · plan year 2023

Reported admin expense ratio · 2023
0.04%

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

United Medical Systems (de) Inc. reported $13,841 in plan administrative expenses for 2023: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,053 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 1 year on file its reported administrative ratio rose from 0.03% to 0.04%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 848th-largest of 2,726 plans among Massachusetts employers on file, and the 3,427th of 11,654 in professional & technical services. In 2023, employees put in $4.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$38,247,052
Participants with balances383
Active participants382
Employer contributions$402,357
Employee contributions$1,838,622
Employer contribution per active participant$1,053
Average account balance$99,862
Benefits paid to participants$4,682,194
Plan auditUnmodified (clean) audit opinion
AuditorSTOWE & DEGON
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $67K emplr
2023$38.2M · 383 accts · $402K emplr
2022$33.2M · 390 accts · $396K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$5,500
Investment management$8,341
Total administrative$13,841
The United Medical Systems (de) Inc. 401(k) match · 2023
Employer contribution per active participant$1,053
Median for plans this size$2,440
2023$1,053 per active participant
2022$1,071 per active participant

United Medical Systems (de) Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$8,341
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$5,500

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

Administrative cost history3
2024Not separately reported
2023$13,841 · 0.04%
2022$13,317 · 0.03%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
Smartbear Software, Inc. MA$39.0M · 0.55%
Public Partnerships LLC MA$38.7M · 0.09%
Dps Group Inc. MA$38.6M · 0.39%
Fineos Corporation MA$38.3M · 0.33%
Peloton Group, LLC MA$38.1M · 0.26%
Healthdrive Corporation MA$37.6M · 0.22%
Ardelyx, Inc. MA$37.6M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 030495549 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.