Retirement plan

UPPER PENINSULA HEALTH PLAN 401(K) PROFIT SHARING PLAN

Name: UPPER PENINSULA MANAGED CARE, LLC - UPPER PENINSULA HEALTH PLAN 401(K) PROFIT SHARING PLAN (2025) Form 5500
Creator: UPPER PENINSULA MANAGED CARE, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UPPER PENINSULA HEALTH PLAN 401(K) PROFIT SHARING PLAN, UPPER PENINSULA MANAGED CARE, LLC

UPPER PENINSULA MANAGED CARE, LLCEIN 38-3323620Plan #001PY 2025

853 WEST WASHINGTON ST. - MARQUETTE, MI 49855906-225-7500uphealthgroup.comLinkedIn51-200 employeesmedical practice

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$17.1M

+13.6% from 2024

Total participants

227

-3.4% from 2024

Average account balance

$75,278

+13.6% from 2024

Annual return

16.61%

-0.93 pp from 2024

Benchmarks

See 95 peers

Peer group

Industry55 - Management of Companies and Enterprises

Plan typeDefined contribution

Participants100-249

Cohort95 peers

Snapshot2025

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$17.09M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$75K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

227

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.45M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+16.61%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$78

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 1 by compensation

Provider	Service type	Compensation
ALERUS FINANCIAL, N.A.10+ years Service code 15 · EIN 45-6062081	Recordkeeping	$17,612

Plan features & details

Pension benefit codes2E2F2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$18K

$98 / participant

Recordkeeping$4K22.8%
Investment mgmt$14K77.2%

% of EOY assets

0.103%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: ANDREWS HOOPER PAVLIK PLC
Auditor EIN: 383133790
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$75,278

$84,685-11.1%

$142,942-47.3%

$67,986+10.7%

Participation rate

100.0%

61.4%+38.6pp

76.8%+23.2pp

57.2%+42.8pp

Annual return

16.61%

35.89%-19.3pp

113.70%-97.1pp

31.67%-15.1pp

Employer contribution / active EE

$2,322

$2,263+2.6%

$4,139-43.9%

$2,019+15.0%

Participant deferral / active EE

$5,774

$3,832+50.7%

$7,128-19.0%

$3,358+71.9%

Admin fee / account holder

$78

$3,229-97.6%

$12,475-99.4%

$3,203-97.6%

Provider

Service type

Compensation

ALERUS FINANCIAL, N.A.10+ years

Service code 15 · EIN 45-6062081

Recordkeeping

$17,612

UPPER PENINSULA HEALTH PLAN 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UPPER PENINSULA HEALTH PLAN 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion