Plan Ledger DOL Form 5500 · updated monthly

Universal Mental Health Services, Inc.401(k)

UNIVERSAL MENTAL HEALTH SERVICES, INC. 401(K) PLAN · LENOIR, NC · plan year 2024

Reported admin expense ratio · 2024
1.28%

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

Universal Mental Health Services, Inc. reported $18,505 in plan administrative expenses for 2024: 1.28% of average plan assets, higher than ~90% of peers. Employer contributions averaged $356 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 3 years on file its reported administrative ratio has held roughly steady near 1.28%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in North Carolina (1,820th of 2,005), and 10,357th of 11,911 in health care & social assistance. In 2024, employees put in $2.19 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,632,517
Participants with balances167
Active participants380
Employer contributions$135,341
Employee contributions$295,986
Employer contribution per active participant$356
Average account balance$9,776
Benefits paid to participants$176,425
Plan auditDisclaimer of opinion
AuditorC. RANDOLPH CPA, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$1.6M · 167 accts · $135K emplr
2023$1.2M · 152 accts · $111K emplr
2022$913K · 146 accts · $106K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,505
Total administrative$18,505
The Universal Mental Health Services, Inc. 401(k) match · 2024
Employer contribution per active participant$356
Median for plans this size$1,313
2024$356 per active participant
2023$311 per active participant
2022$302 per active participant

Universal Mental Health Services, Inc.'s 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
JULY BUSINESS SERVICES, LLC · Recordkeeping$14,000
NFP RETIREMENT · Investment advisory (plan)$4,505

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

Recordkeeper by year2
2024July Business Services
2023July Business Services

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

Administrative cost history3
2024$18,505 · 1.28%
2023$15,746 · 1.46%
2022$10,816 · 1.25%
Same employer
Similar plansHealth Care & Social Assistance · North Carolina
Family Services, Inc. NC$1.9M · 1.44%
Robling Medical Inc NC$1.8M · 0.56%
A Caring Alternative, LLC NC$1.5M · 1.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 141877453 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.