Plan Ledger DOL Form 5500 · updated monthly

United 401(K) Plans, Inc. dba401(k)

PEA(K) UTAH'S POOLED EMPLOYER 401(K) PLAN · SALT LAKE CITY, UT · plan year 2024

Reported admin expense ratio · 2024
0.66%

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

United 401(K) Plans, Inc. dba reported $796,385 in plan administrative expenses for 2024: 0.66% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,120 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 0.70% to 0.66%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is the 57th-largest of 848 plans among Utah employers on file, and the 70th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $2.14 for every $1.00 the employer contributed; active participation has grown from 5,321 to 8,223 since 2022.

Plan summary
Net assets, end of year$141,729,316
Participants with balances5,767
Active participants8,223
Employer contributions$9,205,894
Employee contributions$19,695,291
Employer contribution per active participant$1,120
Average account balance$24,576
Benefits paid to participants$16,012,736
Plan auditUnmodified (clean) audit opinion
AuditorLARSEN & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$141.7M · 5,767 accts · $9.2M emplr
2023$99.8M · 3,600 accts · $7.3M emplr
2022$68.2M · 3,953 accts · $7.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$796,385
Total administrative$796,385
The United 401(K) Plans, Inc. dba 401(k) match · 2024
Employer contribution per active participant$1,120
Median for plans this size$3,635
2024$1,120 per active participant
2023$1,143 per active participant
2022$1,323 per active participant

United 401(K) Plans, Inc. dba's 2024 employer contribution ran below the $3,635 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
UNITED 401(K) · Plan administrator$1,215,773
GLOBAL RETIREMENT PARTNERS,LLC · Investment advisory (plan)$294,662

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$796,385 · 0.66%
2023$573,176 · 0.68%
2022$411,379 · 0.70%
All plans at this employer2
PEA(K) UTAH'S POOLED EMPLOYER 401(K) PLAN401(k)
UNA'S NONPROFIT RETIREMENT SOLUTION401(k)
Similar plansArts, Entertainment & Recreation · Utah
Broadcast Music, Inc. TN$149.7M · 0.01%
Philadelphia Museum of Art PA$147.0M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205321813 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.