Plan Ledger DOL Form 5500 · updated monthly

Umoja Biopharma, Inc.401(k)

UMOJA BIOPHARMA, INC. 401(K) PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Umoja Biopharma, Inc. reported $4,631 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $10,027 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 0.00% to 0.04%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 801st-largest of 1,714 plans among Washington employers on file, and the 6,779th of 13,661 in manufacturing. In 2024, employees put in $1.90 for every $1.00 the employer contributed; active participation has grown from 126 to 164 since 2022.

Plan summary
Net assets, end of year$16,129,916
Participants with balances199
Active participants164
Employer contributions$1,644,413
Employee contributions$3,118,846
Employer contribution per active participant$10,027
Average account balance$81,055
Benefits paid to participants$1,650,488
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.1M · 199 accts · $1.6M emplr
2023$10.3M · 192 accts · $1.3M emplr
2022$5.4M · 141 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,179
Investment management$3,452
Total administrative$4,631
The Umoja Biopharma, Inc. 401(k) match · 2024
Employer contribution per active participant$10,027
Median for plans this size$2,416
2024$10,027 per active participant
2023$8,438 per active participant
2022$9,774 per active participant

Umoja Biopharma, 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 · 20241

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$4,631 · 0.04%
2023$6,578 · 0.08%
2022$182 · 0.00%
Same employer
Similar plansManufacturing · Washington
Aeries Enterprises, LLC WA$17.0M · 0.48%
Aero Controls, Inc. WA$17.0M · 0.22%
Corneagen LLC WA$16.7M · 0.03%
Mechatronics, Inc. WA$15.6M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 833596058 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.