Plan Ledger DOL Form 5500 · updated monthly

University Physicians Association Inc401(k)

UPA 401(K) SAVINGS PLAN · KNOXVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.65%

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

University Physicians Association Inc reported $239,602 in plan administrative expenses for 2024: 0.65% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,358 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 0.86% to 0.65%. 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 331st-largest of 1,496 plans among Tennessee employers on file, and the 2,250th of 11,911 in health care & social assistance. In 2024, employees put in $1.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$39,637,821
Participants with balances1,464
Active participants1,075
Employer contributions$2,535,107
Employee contributions$3,211,084
Employer contribution per active participant$2,358
Average account balance$27,075
Benefits paid to participants$4,523,723
Plan auditUnmodified (clean) audit opinion
AuditorPUGH & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$39.6M · 1,464 accts · $2.5M emplr
2023$34.4M · 1,308 accts · $2.1M emplr
2022$27.0M · 1,401 accts · $1.8M emplr
The University Physicians Association Inc 401(k) match · 2024
Employer contribution per active participant$2,358
Median for plans this size$2,416
2024$2,358 per active participant
2023$2,027 per active participant
2022$1,774 per active participant

University Physicians Association 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 · 20245
NATIONWIDE LIFE INSURANCE COMPANY · Recordkeeping · Custodial$7,424
PENSION FINANCIAL SERVICES INC · Contract administrator · Pension consulting$192,303
TRUIST ADVISORY SERVICES · Investment advisory (plan)$152,060
ACTIVE CORE - ACTIVE TO TARGET DATE · Investment advisory (plan) · Investment managementindirect comp
BRINKER CAPITAL INVESTMENTS · Investment advisory (plan) · Investment managementindirect comp

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

Recordkeeper by year2
2024Nationwide
2023Nationwide

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

Administrative cost history3
2024$239,602 · 0.65%
2023$294,489 · 0.96%
2022$235,695 · 0.86%
Same employer
Similar plansHealth Care & Social Assistance · Tennessee
Aegis Sciences Corporation TN$47.7M · 0.01%
Mwd Management, LLC TN$47.3M · 0.37%
Scri Holdings, LLC TN$44.5M · 0.20%
Fahc, Inc. TN$39.0M

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Source: U.S. Department of Labor, Form 5500 series, EIN 621610351 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.