Plan Ledger DOL Form 5500 · updated monthly

Ubiquity Global Services, Inc.401(k)

UBIQUITY GLOBAL SERVICES, INC. 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
1.69%

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

Ubiquity Global Services, Inc. reported $34,551 in plan administrative expenses for 2024: 1.69% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,567 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 2.00% to 1.69%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in New York (5,083rd of 5,648), and 1,889th of 2,534 in administrative & support services. In 2024, employees put in $2.27 for every $1.00 the employer contributed; active participation has grown from 91 to 117 since 2022.

Plan summary
Net assets, end of year$2,210,587
Participants with balances224
Active participants117
Employer contributions$183,344
Employee contributions$416,441
Employer contribution per active participant$1,567
Average account balance$9,869
Benefits paid to participants$509,205
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$2.2M · 224 accts · $183K emplr
2023$1.9M · 151 accts · $171K emplr
2022$1.2M · 130 accts · $195K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,889
Investment management$8,662
Total administrative$34,551
The Ubiquity Global Services, Inc. 401(k) match · 2024
Employer contribution per active participant$1,567
Median for plans this size$1,313
2024$1,567 per active participant
2023$1,991 per active participant
2022$2,143 per active participant

Ubiquity Global Services, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size. 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 · 20242
MERRILL LYNCH · Investment advisory (participants)$8,662

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$34,551 · 1.69%
2023$30,703 · 1.98%
2022$20,341 · 2.00%
Similar plansAdministrative & Support Services · New York
Glc Business Services LLC NY$2.5M · 1.22%
S.M. Gallivan, LLC NY$2.2M · 1.10%
Ets, Inc. NY$2.0M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 455381591 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.