Ucare Minnesota 401(k) match, vesting and fees
What Ucare Minnesota's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Milliman, Inc. | Schedule C ↗ |
| Independent auditor | Clifton Larson Allen LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 673 defined-contribution plans in finance and insurance with 1,000 to 4,999 participants.
| Ucare Minnesota: employer contribution per participant | $3,094 | |
| Peer median | $2,966 |
| Ucare Minnesota: average balance | $72,592 | |
| Peer median | $104,792 |
| Ucare Minnesota: admin expenses ÷ assets | 0.21% | |
| Peer median | 0.10% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $123M at the end of plan year 2023 to $150M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 2,100 | $150M | $6.4M | $3,094 | 0.21% | Not published | Form 5500 ↗ |
| 2023 | 1,969 | $123M | $5.7M | $2,959 | 0.20% | Not published | Form 5500 ↗ |
Common questions
Does Ucare Minnesota match 401(k) contributions?
The match terms for the Ucare 401(k) Retirement Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $6.4M in employer contributions, about $3,094 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Ucare Minnesota 401(k) match vested?
The vesting schedule for the Ucare 401(k) Retirement Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Ucare Minnesota 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Milliman, Inc.. The plan administrator is Ucare Minnesota.
I left Ucare Minnesota. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Ucare Minnesota, (612) 676-6500) or the recordkeeper, Milliman, Inc.. The Ucare Minnesota old 401(k) page lists the contacts from every plan filing. Find an old Ucare Minnesota 401(k)
Data from the public Form 5500 annual reports Ucare Minnesota filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Ucare Minnesota. Not financial advice. Report a correction · Methodology