Ulteig, Inc.ESOP
ULTEIG, INC. EMPLOYEE STOCK OWNERSHIP PLAN · FARGO, ND · plan year 2024
Ulteig, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $192,805,392 across 1,464 participant accounts, with employer contributions averaging $8,468 per active participant. See methodology for what Form 5500 does and doesn't capture.
The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other management of companies employers. By assets it is the 21st-largest of 279 plans among North Dakota employers on file, and the 151st of 786 in management of companies. active participation has grown from 901 to 1,299 since 2022.
Ulteig, Inc.'s 2024 employer contribution ran above the $3,635 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.
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Source: U.S. Department of Labor, Form 5500 series, EIN 883415518 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.