Plan Ledger DOL Form 5500 · updated monthly

United Bancorp, Inc.401(k)

UNITED BANCORP, INC. OF MARTINS FERRY, OHIO 401(K) SAVINGS PLAN AND TRUST · MARTINS FERRY, OH · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

United Bancorp, Inc. reported $14,657 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $2,001 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 0.31% to 0.24%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Ohio (2,350th of 3,295), and 4,315th of 4,798 in finance & insurance. In 2024, employees put in $2.98 for every $1.00 the employer contributed; active participation has shrunk from 91 to 77 since 2022.

Plan summary
Net assets, end of year$6,581,866
Participants with balances88
Active participants77
Employer contributions$154,061
Employee contributions$458,424
Employer contribution per active participant$2,001
Average account balance$74,794
Benefits paid to participants$285,989
Plan auditUnmodified (clean) audit opinion
AuditorKOZICKI HUGHES TICKERHOOF
Plan history3
Yearassets · accounts · employer contribution
2024$6.6M · 88 accts · $154K emplr
2023$5.5M · 96 accts · $142K emplr
2022$4.7M · 100 accts · $135K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,657
Total administrative$14,657
The United Bancorp, Inc. 401(k) match · 2024
Employer contribution per active participant$2,001
Median for plans this size$1,313
2024$2,001 per active participant
2023$1,541 per active participant
2022$1,489 per active participant

United Bancorp, 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 · 20241
BENEFIT PLAN ADMIN SERVICES, INC. · Recordkeeping · Custodial (securities)$14,657

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

Recordkeeper by year2
2024BENEFIT PLAN ADMIN SERVICES, INC.
2023BENEFIT PLAN ADMIN SERVICES, INC.

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$14,657 · 0.24%
2023$15,596 · 0.31%
2022$15,977 · 0.31%
All plans at this employer2
UNITED BANCORP, INC. OF MARTINS FERRY, OHIO 401(K) SAVINGS PLAN AND TRUST401(k)
UNITED BANCORP,INC. OF MARTINS FERRY OHIO ESOP PLANESOP
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Source: U.S. Department of Labor, Form 5500 series, EIN 341405357 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.