Plan Ledger DOL Form 5500 · updated monthly

Uncle G's Management Corp401(k)

UNCLE G'S MANAGEMENT CORP 401(K) PROFIT SHARING PLAN & TRUST · MELVILLE, NY · plan year 2024

Reported admin expense ratio · 2024
1.03%

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

Uncle G's Management Corp reported $35,560 in plan administrative expenses for 2024: 1.03% of average plan assets, higher than ~75% of peers. Employer contributions averaged $108 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 0.70% to 1.03%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in New York (4,726th of 5,648), and 4,129th of 5,215 in retail trade. In 2024, employees put in $4.69 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,754,281
Participants with balances228
Active participants1,560
Employer contributions$169,008
Employee contributions$793,095
Employer contribution per active participant$108
Average account balance$16,466
Benefits paid to participants$765,419
Plan auditUnmodified (clean) audit opinion
AuditorGRASSI & CO., CPA'S
Plan history3
Yearassets · accounts · employer contribution
2024$3.8M · 228 accts · $169K emplr
2023$3.1M · 187 accts · $131K emplr
2022$2.1M · 139 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,560
Total administrative$35,560
The Uncle G's Management Corp 401(k) match · 2024
Employer contribution per active participant$108
Median for plans this size$1,313
2024$108 per active participant
2023$69 per active participant

Uncle G's Management Corp'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
LINCOLN NATIONAL CORPORATION · Contract administrator$35,314
ARTHUR J GALLAGHER & CO · Investment advisory (plan)$15,860

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$35,560 · 1.03%
2023$21,071 · 0.81%
2022$15,222 · 0.70%
Same employer
Similar plansRetail Trade · New York
Zachys Wine & Liquor NY$3.8M · 0.56%
Cayuga Nation of Indians NY$3.8M · 0.48%
Paragon Sports LLC NY$3.7M · 0.11%
Plaza Motors LLC NY$3.7M · 0.61%
H.E.P. Materials Corp. NY$3.6M · 0.80%

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Source: U.S. Department of Labor, Form 5500 series, EIN 331139669 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.