Plan Ledger DOL Form 5500 · updated monthly

Uninsured United Parachute Techn401(k)

UNITED PARACHUTE TECHNOLOGIES, LLC 401(K) PLAN · DELAND, FL · plan year 2024

Reported admin expense ratio · 2024
0.80%

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

Uninsured United Parachute Techn reported $39,574 in plan administrative expenses for 2024: 0.80% of average plan assets, above the peer median. Employer contributions averaged $1,320 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 0.45% to 0.80%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Florida (2,449th of 3,644), and 11,096th of 13,661 in manufacturing. In 2024, employees put in $2.04 for every $1.00 the employer contributed; active participation has grown from 110 to 147 since 2022.

Plan summary
Net assets, end of year$5,203,563
Participants with balances134
Active participants147
Employer contributions$194,053
Employee contributions$395,908
Employer contribution per active participant$1,320
Average account balance$38,833
Benefits paid to participants$727,330
Plan auditUnmodified (clean) audit opinion
AuditorBKHM PA
Plan history3
Yearassets · accounts · employer contribution
2024$5.2M · 134 accts · $194K emplr
2023$4.7M · 118 accts · $171K emplr
2022$4.1M · 122 accts · $172K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,065
Investment management$19,509
Total administrative$39,574
The Uninsured United Parachute Techn 401(k) match · 2024
Employer contribution per active participant$1,320
Median for plans this size$1,313
2024$1,320 per active participant
2023$1,277 per active participant
2022$1,564 per active participant

Uninsured United Parachute Techn'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 · 20242
ADP, INC. · Loan processing · Recordkeeping$20,065
RAYMOND JAMES · Recordkeeping · Trustee$19,508

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP, Raymond James
2023ADP

This plan has changed recordkeepers within these filings. If you left Uninsured United Parachute Techn before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$39,574 · 0.80%
2023$23,818 · 0.54%
2022$19,798 · 0.45%
Same employer
Similar plansManufacturing · Florida
Gq Investments, LLC FL$5.3M · 0.85%
Caribbean Distillers, LLC FL$5.2M · 0.39%
Teakdecking Systems, Inc. FL$5.1M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371528067 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.