Plan Ledger DOL Form 5500 · updated monthly

Ultimate Hydroforming, Inc.401(k)

ULTIMATE HYDROFORMING, INC. EMPLOYEES' SALARY SAVINGS 401(K) AND RETIREMENT PLAN · STERLING HEIGHTS, MI · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Ultimate Hydroforming, Inc. reported $41,918 in plan administrative expenses for 2024: 0.59% of average plan assets, above the peer median. Employer contributions averaged $397 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 rose from 0.41% to 0.59%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Michigan (1,749th of 2,619), and 9,907th of 13,661 in manufacturing. In 2024, employees put in $9.41 for every $1.00 the employer contributed; active participation has grown from 143 to 169 since 2022.

Plan summary
Net assets, end of year$7,497,488
Participants with balances114
Active participants169
Employer contributions$67,163
Employee contributions$631,787
Employer contribution per active participant$397
Average account balance$65,767
Benefits paid to participants$593,730
Plan auditUnmodified (clean) audit opinion
AuditorBULTYNCK
Plan history3
Yearassets · accounts · employer contribution
2024$7.5M · 114 accts · $67K emplr
2023$6.7M · 106 accts · $60K emplr
2022$5.7M · 94 accts · $50K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,829
Investment management$21,089
Total administrative$41,918
The Ultimate Hydroforming, Inc. 401(k) match · 2024
Employer contribution per active participant$397
Median for plans this size$1,313
2024$397 per active participant
2023$417 per active participant
2022$347 per active participant

Ultimate Hydroforming, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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.

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
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$21,089

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$41,918 · 0.59%
2023$34,970 · 0.56%
2022$24,239 · 0.41%
Same employer
Similar plansManufacturing · Michigan
S'Drol Metals, Inc. MI$7.6M · 0.48%
Romeo-Rim, Inc. MI$7.5M · 0.78%
Paragon Metals LLC. MI$7.5M · 0.11%
Miller Industries LLC MI$7.5M · 1.10%
Anderson-Cook, Inc. MI$7.4M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382242395 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.