Plan Ledger DOL Form 5500 · updated monthly

Unity Healthcare, LLC401(k)

UNITY HEALTHCARE 401(K) PROFIT SHARING PLAN · LAFAYETTE, IN · plan year 2023

Reported admin expense ratio · 2023
0.41%

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

Unity Healthcare, LLC reported $427,450 in plan administrative expenses for 2023: 0.41% of average plan assets, higher than ~90% of peers. Employer contributions averaged $8,877 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 rose from 0.40% to 0.43%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 143rd-largest of 1,562 plans among Indiana employers on file, and the 1,055th of 11,911 in health care & social assistance. In 2023, the employer put in $1.48 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$105,497,342
Participants with balances554
Active participants367
Employer contributions$3,257,775
Employee contributions$2,207,537
Employer contribution per active participant$8,877
Average account balance$190,428
Benefits paid to participants$16,637,941
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$96.8M · 486 accts · $1.5M emplr
2023$105.5M · 554 accts · $3.3M emplr
2022$103.2M · 573 accts · $3.2M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$75,036
Investment management$53,652
Total administrative$427,450
The Unity Healthcare, LLC 401(k) match · 2023
Employer contribution per active participant$8,877
Median for plans this size$3,659
2024$4,255 per active participant
2023$8,877 per active participant
2022$7,972 per active participant

Unity Healthcare, LLC's 2023 employer contribution ran above the $3,659 median for plans its size, placing it in the top 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
MILLIMAN · Recordkeeping · Loan processing$75,036
WALLINGTON ASSET MANAGEMENT · Investment advisory (plan) · Investment advisory (participants)$53,652

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

Recordkeeper by year2
2024Milliman
2023Milliman

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$432,752 · 0.43%
2023$427,450 · 0.41%
2022$458,876 · 0.40%
Same employer
Similar plansHealth Care & Social Assistance · Indiana
South Bend Clinic IN$160.8M · 0.11%
Orthopaedics Northeast, PC IN$104.1M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351948578 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.