Plan Ledger DOL Form 5500 · updated monthly

Unity Healthcare401(k)

UNITY HEALTHCARE 401(K) PLAN · WEST DES MOINES, IA · plan year 2023

Reported admin expense ratio · 2023
0.04%

Unity Healthcare reported $7,097 in plan administrative expenses for 2023: 0.04% of average plan assets, lower than ~75% of peers. 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 fell from 0.09% to 0.04%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Iowa (447th of 878), and the 4,114th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$17,134,380
Participants with balances46
Active participants0
Employer contributions—
Employee contributions—
Employer contribution per active participant—
Average account balance$372,487
Benefits paid to participants$904,261
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$17.1M · 46 accts
2022$15.0M · 118 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$6,160
Trustee / custodial$937
Total administrative$7,097
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 · 20231
NEWPORT GROUP, INC.$3,936

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$7,097 · 0.04%
2022$16,103 · 0.09%
Similar plansHealth Care & Social Assistance · Iowa
Exceptional Persons, Inc. IA$17.1M · 0.39%
Western Home Services IA$16.6M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 420680337 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.