Plan Ledger DOL Form 5500 · updated monthly

Unico Mechanical Corp.401(k)

BENICIA ARSENAL 401(K) PLAN · BENICIA, CA · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Unico Mechanical Corp. reported $54,450 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $671 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 1 year on file its reported administrative ratio rose from 0.18% to 0.42%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 4,476th-largest of 9,483 plans among California employers on file, and the 1,324th of 3,341 in other services. In 2024, employees put in $7.08 for every $1.00 the employer contributed; active participation has grown from 261 to 298 since 2022.

Plan summary
Net assets, end of year$14,416,963
Participants with balances221
Active participants298
Employer contributions$200,003
Employee contributions$1,415,734
Employer contribution per active participant$671
Average account balance$65,235
Benefits paid to participants$780,145
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.4M · 221 accts · $200K emplr
2023$11.7M · 160 accts · $160K emplr
2022$9.3M · 147 accts · $112K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,768
Investment management$30,682
Total administrative$54,450
The Unico Mechanical Corp. 401(k) match · 2024
Employer contribution per active participant$671
Median for plans this size$2,416
2024$671 per active participant
2023$554 per active participant
2022$429 per active participant

Unico Mechanical Corp.'s 2024 employer contribution ran below the $2,416 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
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$30,682
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$23,768

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$54,450 · 0.42%
2023$18,852 · 0.18%
2022Not separately reported
Same employer
Similar plansOther Services · California
Team San Jose CA$14.6M · 0.33%
Hk Enterprises, Inc. CA$14.6M · 0.14%
El Proyecto Del Barrio,Inc. CA$14.4M · 0.14%
Pdq Enterprises, Inc CA$14.3M · 0.21%
East Lawn, Inc. CA$14.3M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204507493 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.