Plan Ledger DOL Form 5500 · updated monthly

Uwh of Michigan401(k)

UWH OF MICHIGAN 401(K) RETIREMENT PLAN · BOCA RATON, FL · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Uwh of Michigan reported $53,789 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $3,460 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 fell from 0.27% to 0.21%. 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 855th-largest of 3,644 plans among Florida employers on file, and the 2,888th of 11,911 in health care & social assistance. In 2024, employees put in $1.55 for every $1.00 the employer contributed; active participation has grown from 102 to 177 since 2023.

Plan summary
Net assets, end of year$28,541,190
Participants with balances220
Active participants177
Employer contributions$612,336
Employee contributions$950,299
Employer contribution per active participant$3,460
Average account balance$129,733
Benefits paid to participants$948,724
Plan auditUnmodified (clean) audit opinion
AuditorWILLIAMS OVERMAN PIERCE
Plan history3
Yearassets · accounts · employer contribution
2025$0 · $348K emplr
2024$28.5M · 220 accts · $612K emplr
2023$23.4M · 155 accts · $459K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,276
Investment management$18,750
Trustee / custodial$5,763
Total administrative$53,789
The Uwh of Michigan 401(k) match · 2024
Employer contribution per active participant$3,460
Median for plans this size$2,416
2024$3,460 per active participant
2023$4,498 per active participant

Uwh of Michigan's 2024 employer contribution ran above 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 · 20243
MVP PLAN ADMINISTRATORS, INC. · Contract administrator · Recordkeeping$29,276
GORDON ASSET MANAGEMENT · Investment advisory (participants) · Investment advisory (plan)$18,750
CHARLES SCHWAB TRUST BANK · Custodial (securities) · Loan processing$5,763

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

Recordkeeper by year3
2025MVP PLAN ADMINISTRATORS, INC.
2024MVP PLAN ADMINISTRATORS, INC.
2023MVP PLAN ADMINISTRATORS, INC.

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Administrative cost history3
2025Not separately reported
2024$53,789 · 0.21%
2023$63,760 · 0.27%
Similar plansHealth Care & Social Assistance · Florida
Novelle Health, LLC FL$29.4M · 0.35%
Childnet, Inc. FL$28.9M · 0.44%
Pbd & P, Inc. FL$28.5M · 0.04%
Ocala Eye, P.A. FL$27.8M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 874360568 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.