Plan Ledger DOL Form 5500 · updated monthly

Ullico Inc.401(k)

ULLICO INC. 401(K) PLAN · SILVER SPRING, MD · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Ullico Inc. reported $52,224 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,846 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 0.06% to 0.05%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 167th-largest of 1,671 plans among Maryland employers on file, and the 968th of 4,798 in finance & insurance. In 2024, employees put in $2.93 for every $1.00 the employer contributed; active participation has grown from 231 to 271 since 2022.

Plan summary
Net assets, end of year$104,334,871
Participants with balances413
Active participants271
Employer contributions$1,313,379
Employee contributions$3,852,409
Employer contribution per active participant$4,846
Average account balance$252,627
Benefits paid to participants$4,908,591
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$104.3M · 413 accts · $1.3M emplr
2023$91.0M · 390 accts · $1.2M emplr
2022$77.5M · 377 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,179
Total administrative$52,224
The Ullico Inc. 401(k) match · 2024
Employer contribution per active participant$4,846
Median for plans this size$3,635
2024$4,846 per active participant
2023$4,619 per active participant
2022$4,531 per active participant

Ullico Inc.'s 2024 employer contribution ran above the $3,635 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
PROFESSIONAL CAPITAL CORP · Recordkeeping$34,123
DWC, INC · Consulting$6,070

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

Recordkeeper by year2
2024PROFESSIONAL CAPITAL CORP
2023PROFESSIONAL CAPITAL CORP

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

Administrative cost history3
2024$52,224 · 0.05%
2023$47,016 · 0.06%
2022$48,837 · 0.06%
Same employer
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Secu Credit Union MD$116.8M · 0.21%
Mariner Finance LLC MD$112.7M · 0.30%
Tower Federal Credit Union MD$110.1M · 0.13%
Campbell & Company, LP MD$95.2M · 0.02%
Shore United Bank MD$71.8M · 0.22%
NASA Federal Credit Union MD$71.7M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521579726 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.