Plan Ledger DOL Form 5500 · updated monthly

Ukg Inc.401(k)

UKG RETIREMENT SAVINGS PLAN · WESTON, FL · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Ukg Inc. reported $1,199,650 in plan administrative expenses for 2024: 0.06% of average plan assets, above the peer median. Employer contributions averaged $6,122 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 0.08% to 0.06%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other professional & technical services employers. By assets it is the 20th-largest of 3,644 plans among Florida employers on file, and the 82nd of 11,654 in professional & technical services. In 2024, employees put in $2.48 for every $1.00 the employer contributed; active participation has shrunk from 11,173 to 8,828 since 2022.

Plan summary
Net assets, end of year$1,977,473,616
Participants with balances11,537
Active participants8,828
Employer contributions$54,047,621
Employee contributions$133,907,543
Employer contribution per active participant$6,122
Average account balance$171,403
Benefits paid to participants$343,403,206
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.0B · 11,537 accts · $54.0M emplr
2023$1.9B · 12,601 accts · $58.5M emplr
2022$1.5B · 12,573 accts · $56.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,099,650
Audit (IQPA)$30,000
Total administrative$1,199,650
The Ukg Inc. 401(k) match · 2024
Employer contribution per active participant$6,122
Median for plans this size$5,259
2024$6,122 per active participant
2023$5,383 per active participant
2022$5,049 per active participant

Ukg Inc.'s 2024 employer contribution ran above the $5,259 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 · 20245
EMPOWER ANNUITY INSURANCE COMPANY O · Recordkeeping · Loan processing$1,099,650
FIDUCIENT ADVISORS LLC · Investment advisory (plan)$70,000
GRAY GRAY & GRAY LLP · Accounting / audit$30,000
EMPOWER FINANCIAL SERVICES, INC. · Securities brokerage$11,550
QDRO CONSULTANTS COMPANY, LLC · Consulting$3,000

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

Recordkeeper by year2
2024Empower
2023Empower

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Administrative cost history3
2024$1,199,650 · 0.06%
2023$1,233,035 · 0.07%
2022$1,257,468 · 0.08%
Same employer
Similar plansProfessional & Technical Services · Florida
Trinet HR III, Inc. FL$8.7B · 0.16%
Trinet HR IV, LLC FL$3.0B · 0.08%
Holland & Knight LLP FL$2.0B · 0.04%
Greenberg Traurig, PA FL$1.6B · 0.02%
The S2 HR Group, LLC FL$1.0B · 0.45%
Adecco, Inc. FL$874.4M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 650694077 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.