Plan Ledger DOL Form 5500 · updated monthly

Ulab Systems, Inc.401(k)

ULAB SYSTEMS 401(K) PLAN · SAN MATEO, CA · plan year 2022

Reported admin expense ratio · 2022
1.12%

Ulab Systems, Inc. reported $20,072 in plan administrative expenses for 2022: 1.12% of average plan assets, higher than ~90% of peers. 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (8,223rd of 9,483), and 10,824th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$2,182,302
Participants with balances90
Active participants146
Employer contributions—
Employee contributions$1,081,753
Employer contribution per active participant—
Average account balance$24,248
Benefits paid to participants$162,373
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,700
Professional / advisory$18,372
Total administrative$20,072
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$20,072 · 1.12%
Similar plansProfessional & Technical Services · California
Corticare, Inc. CA$2.2M · 1.58%
Denken Solutions Inc. CA$2.2M · 0.10%
Hodo Soy CA$2.2M · 0.35%
Idc Technologies, Inc CA$2.2M · 0.16%
Treez Inc. CA$2.1M · 0.18%
Leadstack, Inc CA$2.1M · 0.57%
Monterey Sd Partners Inc CA$2.1M · 0.86%
Sysintelli Inc CA$2.1M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 475047717 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.