Plan Ledger DOL Form 5500 · updated monthly

Ultra Manufacturing (USA), Inc. D/B/A Mitchell Plastics401(k)

ULTRA MANUFACTURING (USA) INC. 401(K) RETIREMENT SAVINGS PLAN · HUNTSVILLE, AL · plan year 2025

Reported admin expense ratio · 2025
0.70%

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

Ultra Manufacturing (USA), Inc. D/B/A Mitchell Plastics reported $76,390 in plan administrative expenses for 2025: 0.70% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,462 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 4 years on file its reported administrative ratio has held roughly steady near 0.70%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other manufacturing employers. By assets it is the 433rd-largest of 902 plans among Alabama employers on file, and 8,244th of 13,661 in manufacturing. In 2025, employees put in $1.97 for every $1.00 the employer contributed; active participation has shrunk from 363 to 241 since 2022.

Plan summary
Net assets, end of year$11,321,804
Participants with balances259
Active participants241
Employer contributions$352,415
Employee contributions$693,033
Employer contribution per active participant$1,462
Average account balance$43,714
Benefits paid to participants$1,452,756
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$11.3M · 259 accts · $352K emplr
2024$10.4M · 276 accts · $347K emplr
2023$9.2M · 321 accts · $378K emplr
2022$8.2M · 373 accts · $368K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$76,390
Total administrative$76,390
The Ultra Manufacturing (USA), Inc. D/B/A Mitchell Plastics 401(k) match · 2025
Employer contribution per active participant$1,462
Median for plans this size$2,666
2025$1,462 per active participant
2024$1,167 per active participant
2023$1,109 per active participant
2022$1,014 per active participant

Ultra Manufacturing (USA), Inc. D/B/A Mitchell Plastics's 2025 employer contribution ran below the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20255
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$76,389
LPL FINANCIAL LLC · Other servicesindirect comp
PRINCIPAL SECURITIES INC · Other servicesindirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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

Administrative cost history4
2025$76,390 · 0.70%
2024$79,769 · 0.82%
2023$68,163 · 0.79%
2022$64,906 · 0.72%
All plans at this employer2
MITCHELL PLASTICS 401(K) PLAN401(k)
ULTRA MANUFACTURING (USA) INC. 401(K) RETIREMENT SAVINGS PLAN401(k)
Same employer
Similar plansManufacturing · Alabama
Steward Machine Co., Inc. AL$11.6M · 0.03%
Big Springs, Inc. AL$11.4M · 0.54%
Beyond Gravity USA, Inc. AL$11.2M · 0.11%
Nextek, Inc. AL$11.0M · 0.25%
Whitesell Corporation AL$10.9M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200790265 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.