Plan Ledger DOL Form 5500 · updated monthly

United Language Group401(k)

UNITED LANGUAGE GROUP 401(K) PLAN · MINNEAPOLIS, MN · plan year 2024

Reported admin expense ratio · 2024
0.61%

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

United Language Group reported $79,403 in plan administrative expenses for 2024: 0.61% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,691 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 0.70% to 0.61%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Minnesota (1,109th of 1,918), and 7,368th of 13,661 in manufacturing. In 2024, employees put in $1.86 for every $1.00 the employer contributed; active participation has shrunk from 347 to 188 since 2022.

Plan summary
Net assets, end of year$14,066,792
Participants with balances337
Active participants188
Employer contributions$505,894
Employee contributions$939,784
Employer contribution per active participant$2,691
Average account balance$41,741
Benefits paid to participants$1,497,342
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$0 · $218K emplr
2024$14.1M · 337 accts · $506K emplr
2023$11.9M · 352 accts · $490K emplr
2022$10.0M · 413 accts · $531K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,590
Investment management$32,813
Total administrative$79,403
The United Language Group 401(k) match · 2024
Employer contribution per active participant$2,691
Median for plans this size$2,416
2024$2,691 per active participant
2023$2,379 per active participant
2022$1,531 per active participant

United Language Group's 2024 employer contribution ran above the $2,416 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$46,590
CETERA INVESTMENT ADVISORS LLC · Investment advisory (plan)$32,813

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

Administrative cost history4
2025Not separately reported
2024$79,403 · 0.61%
2023$74,388 · 0.68%
2022$81,626 · 0.70%
Same employer
Similar plansManufacturing · Minnesota
Bermo, Inc. MN$14.5M · 0.32%
Apg Cash Drawer, LLC MN$14.3M · 0.02%
Modernistic, Inc. MN$14.3M · 0.03%
Aurora Pharmaceutical, Inc. MN$14.1M · 0.01%
Rao Manufacturing Company MN$13.9M · 0.32%
Ferche Millwork, Inc. MN$13.8M · 0.06%
Paca, Inc. MN$13.7M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 811609240 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.