Plan Ledger DOL Form 5500 · updated monthly

Ul LLC401(k)

UL FINANCIAL SECURITY PLAN · NORTHBROOK, IL · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Ul LLC reported $951,000 in plan administrative expenses for 2024: 0.05% of average plan assets, above the peer median. Employer contributions averaged $7,827 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 0.05%. 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 49th-largest of 3,702 plans among Illinois employers on file, and the 83rd of 11,654 in professional & technical services. In 2024, employees put in $1.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,960,157,000
Participants with balances8,269
Active participants5,568
Employer contributions$43,578,000
Employee contributions$69,071,000
Employer contribution per active participant$7,827
Average account balance$237,049
Benefits paid to participants$139,549,000
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.0B · 8,269 accts · $43.6M emplr
2023$1.7B · 8,140 accts · $43.8M emplr
2022$1.4B · 8,139 accts · $42.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$287,549
Investment management$647,841
Total administrative$951,000
The Ul LLC 401(k) match · 2024
Employer contribution per active participant$7,827
Median for plans this size$5,259
2024$7,827 per active participant
2023$8,135 per active participant
2022$7,533 per active participant

Ul LLC'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 · 20243
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$647,841
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$287,549
SEYFARTH SHAW LLP · Consulting · Legal$15,610

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$951,000 · 0.05%
2023$980,000 · 0.06%
2022$1,345,000 · 0.08%
Same employer
Similar plansProfessional & Technical Services · Illinois
Mms USA Holdings, Inc. IL$5.2B · 0.04%
Baxter Healthcare Inc. IL$4.6B · 0.08%
Kirkland & Ellis LLP IL$2.7B · 0.03%
Alight Solutions LLC IL$2.6B · 0.13%
BDO USA, P.C. IL$1.9B · 0.05%
Sidley Austin LLP IL$1.9B · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943282454 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.