Plan Ledger DOL Form 5500 · updated monthly

United Brass Works, Inc.401(k)

UNITED BRASS WORKS, INC. EMPLOYEE SAVINGS RETIREMENT PLAN · RANDLEMAN, NC · plan year 2022

Reported admin expense ratio · 2022
0.06%

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

United Brass Works, Inc. reported $9,567 in plan administrative expenses for 2022: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,139 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 0.06% to 0.05%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is the 952nd-largest of 2,005 plans among North Carolina employers on file, and 7,609th of 13,661 in manufacturing. In 2022, employees put in $2.21 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,316,478
Participants with balances197
Active participants192
Employer contributions$218,641
Employee contributions$482,666
Employer contribution per active participant$1,139
Average account balance$67,596
Benefits paid to participants$2,272,704
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.6M · 224 accts · $277K emplr
2023$11.4M · 195 accts · $257K emplr
2022$13.3M · 197 accts · $219K emplr
Administrative expenses, itemized · 2022
Investment management$6,523
Total administrative$9,567
The United Brass Works, Inc. 401(k) match · 2022
Employer contribution per active participant$1,139
Median for plans this size$2,266
2024$1,373 per active participant
2023$1,305 per active participant
2022$1,139 per active participant

United Brass Works, Inc.'s 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$6,426 · 0.05%
2023$12,274 · 0.10%
2022$9,567 · 0.06%
Same employer
Similar plansManufacturing · North Carolina
Liquidia Technologies, Inc. NC$13.8M · 0.09%
Qualicaps, Inc. NC$13.5M · 0.37%
Whitewood Industries, Inc. NC$13.4M · 0.01%
Low and Bonar, Inc. NC$13.3M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 560664927 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.