Plan Ledger DOL Form 5500 · updated monthly

Ufa, Inc.401(k)

UFA, INC. 401(K) RETIREMENT PLAN · BURLINGTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Ufa, Inc. reported $48,909 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $4,461 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 rose from 0.05% to 0.24%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,257th-largest of 2,726 plans among Massachusetts employers on file, and the 5,350th of 11,654 in professional & technical services. In 2024, employees put in $2.11 for every $1.00 the employer contributed; active participation has shrunk from 95 to 68 since 2022.

Plan summary
Net assets, end of year$21,100,478
Participants with balances126
Active participants68
Employer contributions$303,336
Employee contributions$640,996
Employer contribution per active participant$4,461
Average account balance$167,464
Benefits paid to participants$2,376,885
Plan auditUnmodified (clean) audit opinion
AuditorJOHNSON OCONNOR FERON & CARUCCI
Plan history3
Yearassets · accounts · employer contribution
2024$21.1M · 126 accts · $303K emplr
2023$20.0M · 120 accts · $376K emplr
2022$17.8M · 137 accts · $117K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,629
Investment management$20,150
Audit (IQPA)$8,130
Total administrative$48,909
The Ufa, Inc. 401(k) match · 2024
Employer contribution per active participant$4,461
Median for plans this size$2,416
2024$4,461 per active participant
2023$5,614 per active participant
2022$1,235 per active participant

Ufa, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$20,629
LPL FINANCIAL LLC · Investment advisory (plan)$20,150
JOHNSON O'CONNOR FERON & CARUCCI, · Accounting / audit$8,130

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$48,909 · 0.24%
2023$34,823 · 0.18%
2022$9,126 · 0.05%
Similar plansProfessional & Technical Services · Massachusetts
Drift.com, Inc. MA$21.5M · 0.51%
Anaqua, Inc. MA$21.4M · 0.44%
Wistia, Inc MA$21.4M · 0.01%
Gemini Industries Inc. MA$21.2M · 0.06%
Zwicker & Associates, P.C MA$21.0M · 0.05%
Entrada Therapeutics, Inc. MA$21.0M · 0.24%
Fortis Life Sciences LLC MA$21.0M · 0.04%
Pan Communications, Inc. MA$21.0M · 0.05%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 042684627 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.