Plan Ledger DOL Form 5500 · updated monthly

The United Company401(k)

THE UNITED COMPANY RETIREMENT PLAN · BRISTOL, VA · plan year 2024

Reported admin expense ratio · 2024
0.30%

Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works

The United Company reported $120,287 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $1,300 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.32% to 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other management of companies employers. By assets it is the 564th-largest of 2,266 plans among Virginia employers on file, and the 307th of 786 in management of companies. In 2024, employees put in $2.23 for every $1.00 the employer contributed; active participation has grown from 168 to 418 since 2022.

Plan summary
Net assets, end of year$42,155,090
Participants with balances422
Active participants418
Employer contributions$543,547
Employee contributions$1,211,461
Employer contribution per active participant$1,300
Average account balance$99,894
Benefits paid to participants$4,635,642
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$42.2M · 422 accts · $544K emplr
2023$39.2M · 389 accts · $454K emplr
2022$35.5M · 306 accts · $364K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$120,287
Total administrative$120,287
The The United Company 401(k) match · 2024
Employer contribution per active participant$1,300
Median for plans this size$2,416
2024$1,300 per active participant
2023$1,189 per active participant
2022$2,167 per active participant

The United Company's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
PRUCO SECURITIES LLCindirect comp
PRUCO SECURITIES, LLCindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$120,287 · 0.30%
2023$114,448 · 0.31%
2022$124,811 · 0.32%
Same employer
Similar plansManagement of Companies · Virginia
James River Group, Inc. VA$100.7M · 0.07%
Primis Bank VA$44.4M · 0.65%
Tuckahoe Holdings, LLC VA$33.9M · 0.50%
L. M. Sandler & Sons, Inc. VA$30.5M · 0.39%
Blue Ridge Bankshares, Inc. VA$26.9M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541120913 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.