United Musculoskeletal Partners, LLC 401(k) Review & Grade
United Musculoskeletal Partners, LLC 401(k) Plan
Atlanta, GAHealth Care & Social Assistance1,636 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$12,698Employer $ per active participant
$7,851Employee $ saved per active participant
0.26%Direct admin cost, % of plan assets
$360.7MNet plan assets, end of year
$135,080Average balance per account
Score breakdown
- Employer generosity49.4 / 5099th percentile for employer $ per participant
- Low cost11.6 / 2546th percentile for low admin cost vs. same-size plans
- Employee saving14.2 / 1595th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score75 / 100 · Grade A
This plan vs. peers
Peers: Health Care & Social Assistance plans with 500–2,499 active participants (1,427 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 99th |
| Lower admin cost | 46th |
| Employee saving | 95th |
| Peers that auto-enroll | 36% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($3,111,175 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
What to do if you're in this plan
- United Musculoskeletal Partners put in about $12,698 per active participant, more than the typical peer ($976). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $20,774,571 |
| Participant (employee) contributions | $12,845,041 |
| Other contributions (incl. rollovers in) | $1,965,801 |
| Administrative expenses paid from the plan | $702,812 |
| Other admin expenses | $702,812 |
| Benefits paid out | $39,705,223 |
| Net assets, start / end of year | $187.3M / $360.7M |
| Active participants, start / end of year | 1,029 / 2,243 |
| Participants with account balances | 2,670 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Smith & Howard, PC |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $237,068 reported compensation |
| Charles Schwab & Co., Inc. | $114,951 reported compensation |
| Global Retirement | $112,012 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260527151938NAL0006720785001, received 2026-05-27, EIN 87-3633461, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.