Plan Ledger DOL Form 5500 · updated monthly

Unified Business Technologies Inc.401(k)

UNIFIED BUSINESS TECHNOLOGIES INC. 401K PROFIT SHARING PLAN · TROY, MI · plan year 2024

Reported admin expense ratio · 2024
1.34%

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

Unified Business Technologies Inc. reported $104,146 in plan administrative expenses for 2024: 1.34% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,817 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 fell from 1.42% to 1.34%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Michigan (1,692nd of 2,619), and 8,649th of 11,654 in professional & technical services. In 2024, employees put in $2.24 for every $1.00 the employer contributed; active participation has shrunk from 280 to 236 since 2022.

Plan summary
Net assets, end of year$8,107,522
Participants with balances201
Active participants236
Employer contributions$428,917
Employee contributions$962,774
Employer contribution per active participant$1,817
Average account balance$40,336
Benefits paid to participants$1,777,533
Plan auditUnmodified (clean) audit opinion
AuditorALAN C. YOUNG & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$8.1M · 201 accts · $429K emplr
2023$7.5M · 208 accts · $545K emplr
2022$5.2M · 210 accts · $646K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$104,146
Total administrative$104,146
The Unified Business Technologies Inc. 401(k) match · 2024
Employer contribution per active participant$1,817
Median for plans this size$1,313
2024$1,817 per active participant
2023$1,988 per active participant
2022$2,306 per active participant

Unified Business Technologies Inc.'s 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$86,443
THE MANDMARBLESTONE GROUP LLC · Contract administrator · Other services$17,800
LPL FINANCIAL LLC · Other servicesindirect comp
S B H U LIFE AGENCY INC. · Other servicesindirect comp

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$104,146 · 1.34%
2023$86,625 · 1.36%
2022$69,371 · 1.42%
Same employer
Similar plansProfessional & Technical Services · Michigan
Kyyba, Inc. MI$8.8M · 0.58%
Trialon Corporation MI$8.6M · 1.02%
Censys MI$8.2M · 0.11%
Lambert Global, LLC MI$8.1M · 0.65%
Iconma LLC MI$8.1M · 0.95%
Optech, LLC MI$8.0M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383399677 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.