Ushv Management, LLC 401(k) Review & Grade
Ushv Employee Savings Plan
Franklin, TNHealth Care & Social Assistance1,249 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,341Employer $ per active participant
$3,748Employee $ saved per active participant
0.15%Direct admin cost, % of plan assets
$100.5MNet plan assets, end of year
$99,715Average balance per account
Score breakdown
- Employer generosity37.9 / 5076th percentile for employer $ per participant
- Low cost15.8 / 2563th percentile for low admin cost vs. same-size plans
- Employee saving9.7 / 1565th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score53 / 100 · Grade C
This plan vs. peers
Peers: Health Care & Social Assistance plans with 500–2,499 active participants (1,427 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 76th |
| Lower admin cost | 63th |
| Employee saving | 65th |
| Peers that auto-enroll | 36% |
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Red flags from the filing
Benefits not paid when due: the plan reported failing to pay some benefits on time.
Corrective distributions: the plan refunded $15,448 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Ushv Management put in about $2,341 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.
- 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 | $2,924,197 |
| Participant (employee) contributions | $4,681,596 |
| Other contributions (incl. rollovers in) | $2,383,954 |
| Administrative expenses paid from the plan | $111,862 |
| Investment advisory & management fees | $12,577 |
| Other admin expenses | $45,882 |
| Benefits paid out | $10,610,868 |
| Net assets, start / end of year | $49.5M / $100.5M |
| Active participants, start / end of year | 601 / 1,897 |
| Participants with account balances | 1,008 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Beasley Mitchell and Company |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $53,403 reported compensation |
| Oppenheimer & Co. Inc | $34,795 reported compensation |
| Strategic Advisors, Inc. | $12,577 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015201217NAL0005800689001, received 2025-10-15, EIN 87-4006946, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.