Plan Ledger DOL Form 5500 · updated monthly

United Methodist Homes, Inc.401(k)

UNITED METHODIST HOMES 401(K) PLAN · SHELTON, CT · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

United Methodist Homes, Inc. reported $57,093 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $2,343 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 fell from 0.33% to 0.27%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 522nd-largest of 1,106 plans among Connecticut employers on file, and the 3,411th of 11,911 in health care & social assistance. In 2024, employees put in $2.22 for every $1.00 the employer contributed; active participation has shrunk from 380 to 195 since 2022.

Plan summary
Net assets, end of year$22,277,601
Participants with balances281
Active participants195
Employer contributions$456,856
Employee contributions$1,014,538
Employer contribution per active participant$2,343
Average account balance$79,280
Benefits paid to participants$2,212,706
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$0
2024$22.3M · 281 accts · $457K emplr
2023$20.5M · 268 accts · $463K emplr
2022$18.9M · 250 accts · $375K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$57,093
Total administrative$57,093
The United Methodist Homes, Inc. 401(k) match · 2024
Employer contribution per active participant$2,343
Median for plans this size$2,416
2024$2,343 per active participant
2023$1,105 per active participant
2022$988 per active participant

United Methodist Homes, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
KESTRA ADVISORY SERVICES LLC · Investment advisory (plan)$19,800

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

Administrative cost history4
2025Not separately reported
2024$57,093 · 0.27%
2023$51,193 · 0.26%
2022$68,311 · 0.33%
Same employer
Similar plansHealth Care & Social Assistance · Connecticut
Icare Management, LLC CT$23.7M · 0.47%
The Eye Care Group, P.C. CT$22.5M · 0.47%
Anb-Ptsma Holdings, Inc. CT$21.8M · 0.53%
The Connection, Inc. CT$21.1M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060987394 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.