Plan Ledger DOL Form 5500 · updated monthly

United Development Group Inc401(k)

UNITED DEVELOPMENT GROUP INC 401(K) PROFIT SHARING PLAN & TRUST · SAN DIEGO, CA · plan year 2022

Reported admin expense ratio · 2022
0.28%

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

United Development Group Inc reported $4,978 in plan administrative expenses for 2022: 0.28% of average plan assets, below the peer median. Employer contributions averaged $776 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in California (8,396th of 9,483), and 1,880th of 2,096 in real estate & leasing. In 2022, employees put in $1.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,811,263
Participants with balances72
Active participants122
Employer contributions$94,682
Employee contributions$176,961
Employer contribution per active participant$776
Average account balance$25,156
Benefits paid to participants$61,518
Plan auditUnmodified (clean) audit opinion
AuditorLEAF AND COLE LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$4,978
Total administrative$4,978
The United Development Group Inc 401(k) match · 2022
Employer contribution per active participant$776
Median for plans this size$1,114

United Development Group Inc's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$4,978 · 0.28%
Similar plansReal Estate & Leasing · California
Hunt Enterprises, Inc. CA$1.9M · 0.12%
Pfn Lending Group Inc CA$1.9M · 0.84%
Pe Management Group, Inc. CA$1.9M · 2.51%
Greens Operations, Inc. CA$1.6M · 0.52%
Total Storage Solutions CA$1.4M · 0.70%
Westwind Management Inc CA$1.4M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371435860 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.