What are the fees in the United Global Technologies 401(k) plan?

For plan year 2022, United Global Technologies reported $722 in plan administrative expenses, or 0.11% of average plan assets — lower than ~75% of peers. Fund-level expense ratios are not included in public filings.

What is the average account balance in the United Global Technologies 401(k)?

The average participant account balance was $14,353 for plan year 2022, based on 50 accounts.

United Global Technologies401(k)

Name: United Global Technologies 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

UNITED GLOBAL TECHNOLOGIES 401(K) PLAN · CHARLOTTE, NC · plan year 2022

Reported admin expense ratio · 2022

0.11%

United Global Technologies reported $722 in plan administrative expenses for 2022: 0.11% of average plan assets, lower than ~75% of peers. 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in North Carolina (1,915th of 2,005), and 11,350th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$717,645
Participants with balances50
Active participants143
Employer contributions—
Employee contributions$281,600
Employer contribution per active participant—
Average account balance$14,353
Benefits paid to participants$81,602
Plan auditUnmodified (clean) audit opinion
AuditorSHARPE PATEL

What these fees cost you

Your balance

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$722 · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161746030 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.