Plan Ledger DOL Form 5500 · updated monthly

United Methodist Memorial Home401(k)

UMMH 401(K) PLAN · WARREN, IN · plan year 2023

Reported admin expense ratio · 2023
0.73%

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

United Methodist Memorial Home reported $46,491 in plan administrative expenses for 2023: 0.73% of average plan assets, above the peer median. Employer contributions averaged $509 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 0.68% to 0.73%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Indiana (1,088th of 1,562), and 7,152nd of 11,911 in health care & social assistance. In 2023, employees put in $1.84 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,403,325
Participants with balances189
Active participants427
Employer contributions$217,395
Employee contributions$398,987
Employer contribution per active participant$509
Average account balance$33,880
Benefits paid to participants$1,593,658
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$6.4M · 189 accts · $217K emplr
2022$6.3M · 207 accts · $178K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$21,175
Investment management$25,316
Total administrative$46,491
The United Methodist Memorial Home 401(k) match · 2023
Employer contribution per active participant$509
Median for plans this size$1,308
2023$509 per active participant
2022$433 per active participant

United Methodist Memorial Home's 2023 employer contribution ran below the $1,308 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 · 20233
NATIONWIDE · Contract administrator · Recordkeeping$21,175
LJI WEALTH MANAGEMENT, LLC · Investment advisory (plan) · Investment management$15,985
AMERICAN PENSION ADVISORS, LTD · Plan administrator · Other services$9,331

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$46,491 · 0.73%
2022$50,285 · 0.68%
All plans at this employer2
UMMH 401(K) PLAN401(k)
HERITAGE POINTE COMMUNITIES 403(B) PLANProfit-sharing plan
Similar plansHealth Care & Social Assistance · Indiana
Rbr Alliance, Inc. IN$6.6M · 0.88%
Gibault Inc IN$6.2M · 0.10%
Boling Vision Center, LLC IN$6.0M · 0.31%
Home Care Providers Inc. IN$5.7M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 350877581 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.