Univest Financial Corporation Deferred Salary Savings Plan
Univest Financial Corporation · Souderton, PA · EIN 231886144 · Plan 002 · Form 5500 for plan year 2024
What Univest Financial put into the plan, per active participant
$2,324
Univest Financial Corporation put $2,324 into this plan for each of its 917 active participants in plan year 2024. That is the whole employer side, matching money, profit sharing, non-elective and safe-harbor contributions and reallocated forfeitures together, because the Form 5500 reports them on one line, so it is not the match rate.
Univest Financial put in less per active participant than 69% of plans with 1,000–4,999 participants at banks and lenders. The middle plan in that group of 245 reported $3,422. Banks and lenders comes from business code 522190, which Univest Financial Corporation entered on its own Form 5500. Sponsors pick that code themselves, so a code that does not describe what the employer does ranks the plan against the wrong companies.
What this figure cannot separate: how much Univest Financial pays, and how much it puts in
This is dollars, not a rate. A Form 5500 carries no payroll, so the figure reflects both how much the employer puts in and how much the employer pays: two plans running the same formula report different amounts when one pays better. Crossing the peer group with industry holds most of that difference still, and none of it disappears.
This is one plan year, not an average. A true-up, a plan merger or a one-off contribution moves a single year on its own.
Source: Form 5500 filing for the plan year ended December 31, 2024, received by the DOL June 26, 2025 · DOL EFAST2 ↗
What the plan cost, per participant
$158.79
The plan paid $158.79 per participant in plan-paid administrative expenses in plan year 2024, more expensive than 86% of plans with 1,000–4,999 participants. The middle plan of that size paid $84.96.
Why a plan this big pays less per person before anything else
Bigger plans pay less per head by construction, because the same negotiated bill divides across more people. That is why this ranking sits inside the plan's own size cohort and is never taken across all plans.
Schedule H reports only what came out of plan assets. Fees the sponsor pays directly, and fees taken inside fund expense ratios, never appear here, so this is a floor and not the all-in cost.
401(k) Monitor Score
26 out of 100
Where this plan stands against plans of its size and industry on two amounts its Form 5500 reports: employer money in per active person, and plan-paid cost per person. It reads no match formula, no vesting schedule and no fund lineup, because a Form 5500 states none of them.
- What the employer put in, per active participant: $2,324. Lower than 69% of plans with 1,000–4,999 participants at banks and lenders.
- What the plan cost, per participant: $159. Cheaper than 14% of plans with 1,000–4,999 participants.
On this page: where the match terms are stated · what to check next · every figure on the filing · fees itemised · the plans this one is ranked against · service providers
The match and vesting terms, from a Form 11-K
The match formula and the vesting schedule are stated in a Form 11-K, which is filed only by employers whose plan holds company stock. A Form 5500 reports neither.
What Univest Financial puts in
Not in public filings for this employer
We have no SEC Form 11-K for this employer, and the Form 5500 this page is built from does not report match terms.
Two places state the terms in full: your plan’s Summary Plan Description, which your employer must provide on request, and your recordkeeper’s site, which for this plan is John Hancock ↗.
What you contribute to collect all of it
Not in public filings for this employer
The rate that collects the full match is part of the match formula, which a Form 5500 does not report.
Vesting score
Not scored
The vesting schedule is stated in a Form 11-K, and we have none for this employer.
A schedule this cannot read at whole-year anniversaries is left without a number rather than given a middle one.
What the plan costs, against plans of its size
86th percentile
$158.79 per participant in plan-paid administrative cost, more expensive than 86% of plans with 1,000–4,999 participants.
What to check next
What to ask about the fees
This plan paid $158.79 per participant out of plan assets, more than 86% of plans with 1,000–4,999 participants, where the middle plan paid $84.96. The filing does not say what the difference buys. Two questions put that to a benefits or HR team: what the recordkeeping and administration contract costs, and how much of it comes out of participant accounts rather than being paid by Univest Financial. The lines this total is made of are further down.
Your own numbers are not on this page
Every figure here is the whole plan for plan year 2024, taken from one filing and divided by headcounts. Your own contribution rate, your balance and the fees taken from your account are on your recordkeeper’s site, which this filing names as John Hancock ↗. What you may put in during a year is set by the IRS and not by the plan: this year’s limits ↗.
Key figures
| Total plan assets, end of year | $121,321,696 |
|---|---|
| Net assets | $121,321,696 |
| Participants, beginning of year | 1,180 |
| Of which active | 917 |
| Plan type | Single employer |
| Size cohortThe peer group we rank fees against. | 1,000–4,999 participants |
| Employer share of the money that went in, plan year 2024The rest came from employees, who put in $7,164,349. The share falls when employees save more, so a plan whose staff contribute heavily reads lower here through no act of the employer. It is printed as a fact and it is not part of the score. | 23% |
Plan-paid administrative expenses
The plan paid $187,369 in administrative expenses in plan year 2024, across 1,180 participants: $158.79 per participant.
| Contract administrator fees | $186,618 |
|---|---|
| Professional fees | not reported in filing |
| Investment management fees | $751 |
| Other administrative fees | not reported in filing |
These are plan-paid expenses from Schedule H only. Fees the sponsor pays directly, and fees embedded in fund expense ratios, never appear here. This figure is a floor, not the all-in cost, and a low number is not “free”.
The plans this one is ranked against
Fees on this page are ranked against the 1,000–4,999 participant cohort, where the median plan pays $84.96 per participant. The sponsor files from Pennsylvania, one of 2,692 plans on file there, at a median of $127.89 per participant. Its business code places the plan at banks and lenders, one of 2,264 on file, which run to a median of $152.83.
Plans of a similar size in Pennsylvania
| Plan | Participants | Cost per participant |
|---|---|---|
| Jako Enterprises, LLC 401(k) Profit Sharing PlanJako Enterprises, LLC | 3,252 | $9.20 |
| Keystone Planet Fitness Retirement PlanKeystone Nfp Acquisitions LLC | 1,182 | $7.93 |
| Signant Health 401(k) PlanSignant Health Global LLC | 1,181 | $133.66 |
| The Weston Group, Inc. 401(k) Profit Sharing PlanThe Weston Group, Inc. | 1,180 | $102.93 |
| The Groves 401(k) PlanMaybrook-C Opco Holdings | 1,180 | $46.08 |
Service providers (Schedule C)
Recordkeeper: John Hancock (as filed: “JOHN HANCOCK RETIREMENT PLAN SERVIC”)
2,404 plans on file name John Hancock as their recordkeeper, at a median of $197.11 per participant.
| Provider | Service codes | Direct comp. ($) | Indirect comp. ($) |
|---|---|---|---|
| John Hancock Retirement Plan Servic | 62, 37, 64, 15 | 186,618 | 0 |
Useful links
- Find a 401(k) you left at an old job ↗
The DOL's Retirement Savings Lost & Found. Free and official.
- Look up this plan's full Form 5500 ↗
The DOL's own filing search. Search by plan or sponsor name.
- Download this plan's data (CSV) ↗
Every field on this page, one row, ready for a spreadsheet.
Source
| Dataset | DOL EFAST2 Form 5500 bulk data (FOIA) |
|---|---|
| Form year | 2024 |
| Filing ACK_ID | 20250626134546NAL0021561186001 |
| Dataset last refreshed | July 28, 2026 |
Bulk dataset at askebsa.dol.gov ↗ · Look up the filing on EFAST2 ↗
Filings lag by design: a plan can file up to 9½ months after its year ends, so this is the newest data on file. Why filings lag
Cite this page
401(k) Monitor, "Univest Financial Corporation Deferred Salary Savings Plan: Form 5500 facts", from DOL EFAST2 filing 20250626134546NAL0021561186001, plan year ended December 31, 2024. 401(k) Monitor Score 26 out of 100 (exact value 26.09).