Plan Ledger DOL Form 5500 · updated monthly

Unilock New York, Inc.401(k)

UNILOCK RETIREMENT PLAN AND TRUST (NEW YORK) · BREWSTER, NY · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Unilock New York, Inc. reported $29,295 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $7,184 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 fell from 0.15% to 0.13%. 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 2,277th-largest of 5,648 plans among New York employers on file, and the 5,340th of 13,661 in manufacturing. In 2024, employees put in $1.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$23,556,389
Participants with balances130
Active participants107
Employer contributions$768,735
Employee contributions$818,234
Employer contribution per active participant$7,184
Average account balance$181,203
Benefits paid to participants$1,463,474
Plan auditUnmodified (clean) audit opinion
AuditorLVBW LLP
Plan history2
Yearassets · accounts · employer contribution
2024$23.6M · 130 accts · $769K emplr
2023$21.1M · 128 accts · $899K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,296
Investment management$11,136
Total administrative$29,295
The Unilock New York, Inc. 401(k) match · 2024
Employer contribution per active participant$7,184
Median for plans this size$2,416
2024$7,184 per active participant
2023$8,640 per active participant

Unilock New York, 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Pension consulting · Loan processing$17,296
LAWLEY RETIREMENT ADVISORS · Investment advisory (plan)$11,136
ACTUARIAL BENEFITS CORP. · 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 history2
2024$29,295 · 0.13%
2023$29,307 · 0.15%
Similar plansManufacturing · New York
Sefar Inc. NY$23.5M · 0.04%
Voyetra Turtle Beach, Inc. NY$23.4M · 0.14%
Vie de France Yamazaki Inc NY$23.2M · 0.39%
Cpi Aerostructures, Inc. NY$22.9M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 980103212 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.