Plan Ledger DOL Form 5500 · updated monthly

Ultrafab, Inc.401(k)

ULTRAFAB, INC. EMPLOYEES' RETIREMENT PLAN · FARMINGTON, NY · plan year 2025

Reported admin expense ratio · 2025
0.33%

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

Ultrafab, Inc. reported $85,339 in plan administrative expenses for 2025: 0.33% of average plan assets, above the peer median. Employer contributions averaged $1,785 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 3 years on file its reported administrative ratio fell from 0.36% to 0.33%. 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 2,088th-largest of 5,648 plans among New York employers on file, and the 4,828th of 13,661 in manufacturing. In 2025, employees put in $2.52 for every $1.00 the employer contributed; active participation has shrunk from 290 to 256 since 2022.

Plan summary
Net assets, end of year$27,253,040
Participants with balances280
Active participants256
Employer contributions$456,899
Employee contributions$1,149,187
Employer contribution per active participant$1,785
Average account balance$97,332
Benefits paid to participants$2,099,077
Plan auditUnmodified (clean) audit opinion
AuditorDAVIE KAPLAN, CPA
Plan history4
Yearassets · accounts · employer contribution
2025$27.3M · 280 accts · $457K emplr
2024$24.4M · 308 accts · $451K emplr
2023$21.9M · 315 accts · $429K emplr
2022$19.0M · 304 accts · $438K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$9,500
Trustee / custodial$75,839
Total administrative$85,339
The Ultrafab, Inc. 401(k) match · 2025
Employer contribution per active participant$1,785
Median for plans this size$2,666
2025$1,785 per active participant
2024$1,672 per active participant
2023$1,533 per active participant
2022$1,511 per active participant

Ultrafab, Inc.'s 2025 employer contribution ran below the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20251
CANANDAIGUA NATIONAL BANK AND TRUST · Trustee$85,339

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$85,339 · 0.33%
2024$86,268 · 0.37%
2023$74,422 · 0.36%
2022$74,030 · 0.36%
Same employer
Similar plansManufacturing · New York
Evensonbest, LLC NY$28.1M · 0.06%
Kearney-National Inc. NY$27.5M · 0.21%
Wilen NY$27.4M · 0.15%
Innovation Associates, Inc. NY$27.3M · 0.19%
Satco Products, Inc. NY$26.8M · 0.42%
F.M. Howell & Company NY$26.8M · 0.00%
Air Techniques, Inc. NY$26.4M · 0.23%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 160984733 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.