Plan Ledger DOL Form 5500 · updated monthly

Ultisat Inc.401(k)

ULTISAT INC. 401(K) PLAN · CHANTILLY, VA · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Ultisat Inc. reported $53,962 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $6,951 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 0.12% to 0.20%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 773rd-largest of 2,266 plans among Virginia employers on file, and the 818th of 2,199 in information & media. In 2024, employees put in $2.06 for every $1.00 the employer contributed; active participation has grown from 89 to 98 since 2022.

Plan summary
Net assets, end of year$28,226,758
Participants with balances178
Active participants98
Employer contributions$681,209
Employee contributions$1,403,954
Employer contribution per active participant$6,951
Average account balance$158,577
Benefits paid to participants$3,303,715
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$28.2M · 178 accts · $681K emplr
2023$25.7M · 173 accts · $617K emplr
2022$23.9M · 186 accts · $569K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,794
Investment management$31,272
Audit (IQPA)$20,896
Total administrative$53,962
The Ultisat Inc. 401(k) match · 2024
Employer contribution per active participant$6,951
Median for plans this size$2,416
2024$6,951 per active participant
2023$6,170 per active participant
2022$6,389 per active participant

Ultisat Inc.'s 2024 employer contribution ran above the $2,416 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.

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
USI ADVISORS INC · Investment advisory (plan)$31,272
TORRILLO & ASSOCIATES, LLC · Accounting / audit$20,896
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,794

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$53,962 · 0.20%
2023$54,861 · 0.22%
2022$32,902 · 0.12%
Same employer
Similar plansInformation & Media · Virginia
Pccw Global, Inc. VA$31.5M · 0.26%
Nuix North America Inc. VA$31.1M · 0.25%
Edgeconnex Inc. VA$30.8M · 0.01%
Axios Media, Inc. VA$25.9M · 0.05%
Ligado Networks LLC VA$25.1M · 0.01%
Ita International, LLC VA$23.5M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 820580632 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.