Plan Snapshot
- Plan Sponsor: Umh Management Services Corp.
- Sponsor EIN: 161486032
- Sponsor Address: 10 ACRE PLACE, BINGHAMTON, NY, 139042715
- Plan Type: 403(b)
- Plan Number: 001
- Total Participants: 837
- Total Assets: $22.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 837 | $22.0M | $0 | $0 |
| 2024 | 781 | $24.8M | $0 | $1.1M |
| 2023 | 835 | $26.1M | $0 | $1.2M |
| 2022 | 880 | $25.0M | $529,250 | $1.3M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| BENEFIT PLAN ADMIN SERVICE LLC | Other Service Provider | $64,894 | — | $64,894 |
| LPL FINANCIAL | Other Service Provider | $36,977 | — | $36,977 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $101,871
- Estimated Expense Ratio: 0.463% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2025 | $7,111,111 | $36,977 | — | $4,100 | — |
| 2024 | $124,760 | $51,234 | — | $7,440 | — |
| 2023 | $121,577 | $50,970 | — | $9,000 | — |
| 2022 | $113,591 | $52,001 | $61,590 | — | — |