Plan Ledger DOL Form 5500 · updated monthly

United Audit Systems Inc.401(k)

UNITED AUDIT SYSTEMS,INC. SAVINGS & INVESTMENT PLAN · CINCINNATI, OH · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

United Audit Systems Inc. reported $115,408 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $500 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 0.42% to 0.47%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,101st-largest of 3,295 plans among Ohio employers on file, and the 4,671st of 11,654 in professional & technical services. In 2024, employees put in $9.65 for every $1.00 the employer contributed; active participation has grown from 375 to 466 since 2022.

Plan summary
Net assets, end of year$25,623,230
Participants with balances482
Active participants466
Employer contributions$232,921
Employee contributions$2,247,014
Employer contribution per active participant$500
Average account balance$53,160
Benefits paid to participants$3,729,482
Plan auditUnmodified (clean) audit opinion
AuditorBARNES, DENNIG & CO., LTD
Plan history3
Yearassets · accounts · employer contribution
2024$25.6M · 482 accts · $233K emplr
2023$23.6M · 448 accts · $217K emplr
2022$21.9M · 444 accts · $144K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$115,408
Total administrative$115,408
The United Audit Systems Inc. 401(k) match · 2024
Employer contribution per active participant$500
Median for plans this size$2,416
2024$500 per active participant
2023$547 per active participant
2022$384 per active participant

United Audit Systems Inc.'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 · 20246
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$66,872
BURKE & SCHINDLER PLL · Other services · Contract administrator$7,550
AVANTAX INSURANCE AGENCY LLC · Other servicesindirect comp
AVANTAX INVESTMENT SERVICES INC. · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect 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$115,408 · 0.47%
2023$101,444 · 0.45%
2022$99,139 · 0.42%
Same employer
Similar plansProfessional & Technical Services · Ohio
Empower Media Partners, LLC OH$25.9M · 0.24%
Keyfactor, Inc. OH$25.7M · 0.06%
Nations Lending Corporation OH$25.7M · 0.78%
The Shipyard, LLC OH$25.3M · 0.31%
Olive Ai, Inc. OH$25.3M · 0.80%
Maloney & Novotny LLC OH$24.9M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311166780 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.