United Methodist Homes 401(k) Plan

Profit Sharing · DOL Form 5500 · 2024

What the Filing Says About United Methodist Homes 401(k) Plan

United Methodist Homes 401(k) Plan is a Profit Sharing retirement plan sponsored by United Methodist Homes, Inc., headquartered in Connecticut. According to the U.S. Department of Labor's 2024 Form 5500 filing, the plan reports $22M in total end-of-year assets and covers 419 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 060987394, and the plan has been effective since 2000-03-15. Its filing status is currently FILING RECEIVED.

Year over year, total assets grew at a solid clip from $20M at the beginning of 2024 to $22M at year-end - up 8.8%. Net assets (after liabilities) closed the year at $22M, with reported net income of $2M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Across the 3 plan years United Methodist Homes, Inc. has on file with PlainRetire (2022-2024), sponsor-wide plan assets have moved from $19M to $22M, a gain of 17.6%, while reported participants moved from 380 to 614 (+61.6%). The strongest year on file by total sponsor assets was 2024 at $22M; the softest was 2022 at $19M. Year-by-year, sponsor-wide filings show: 2022 - $19M in assets across 1 plan covering 380 participants; 2023 - $20M in assets across 1 plan covering 396 participants; 2024 - $22M in assets across 2 plans covering 614 participants.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

How the percentile is calculated: we count every plan that filed a 2024 Form 5500 with a reported end-of-year asset figure (116,472 plans), rank United Methodist Homes 401(k) Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.