Plan Ledger DOL Form 5500 · updated monthly

United Data Technologies, Inc.401(k)

UNITED DATA TECHNOLOGIES, 401(K) RETIREMENT PLAN · MIRAMAR, FL · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

United Data Technologies, Inc. reported $63,609 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $639 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 3 years on file its reported administrative ratio has held roughly steady near 0.29%. 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 968th-largest of 3,644 plans among Florida employers on file, and the 4,836th of 11,654 in professional & technical services. In 2024, employees put in $9.16 for every $1.00 the employer contributed; active participation has grown from 359 to 470 since 2022.

Plan summary
Net assets, end of year$24,429,770
Participants with balances458
Active participants470
Employer contributions$300,435
Employee contributions$2,752,476
Employer contribution per active participant$639
Average account balance$53,340
Benefits paid to participants$1,578,751
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.4M · 458 accts · $300K emplr
2023$19.4M · 514 accts · $301K emplr
2022$14.5M · 442 accts · $254K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,527
Investment management$40,082
Total administrative$63,609
The United Data Technologies, Inc. 401(k) match · 2024
Employer contribution per active participant$639
Median for plans this size$2,416
2024$639 per active participant
2023$705 per active participant
2022$707 per active participant

United Data Technologies, 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 · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$23,527
OSAIC WEALTH INC · Investment advisory (plan)$21,418
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$9,791
UNITED CAPITAL FINANCIAL ADVISERS · Investment advisory (plan)$8,873

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$63,609 · 0.29%
2023$51,263 · 0.30%
2022$47,284 · 0.30%
Same employer
Similar plansProfessional & Technical Services · Florida
Avcon, Inc. FL$25.0M · 0.29%
Paymaster, Inc. FL$24.7M · 0.86%
Eisman & Russo, Inc. FL$24.2M · 0.12%
Dolphin Entertainment Inc FL$24.1M · 0.42%
Csi IT, LLC FL$24.1M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 650566138 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.