Plan Ledger DOL Form 5500 · updated monthly

United Legwear Company LLC401(k)

UNITED LEGWEAR COMPANY LLC PROFIT SHARING PLAN · EDISON, NJ · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

United Legwear Company LLC reported $88,806 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $2,964 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 0.309%. 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 the 789th-largest of 2,419 plans among New Jersey employers on file, and the 4,240th of 13,661 in manufacturing. In 2024, employees put in $1.97 for every $1.00 the employer contributed; active participation has grown from 293 to 468 since 2022.

Plan summary
Net assets, end of year$32,425,024
Participants with balances386
Active participants468
Employer contributions$1,387,302
Employee contributions$2,733,386
Employer contribution per active participant$2,964
Average account balance$84,003
Benefits paid to participants$1,438,768
Plan auditUnmodified (clean) audit opinion
AuditorS.NOBILE & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$32.4M · 386 accts · $1.4M emplr
2023$25.0M · 317 accts · $1.2M emplr
2022$18.4M · 280 accts · $996K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,043
Investment management$78,763
Total administrative$88,806
The United Legwear Company LLC 401(k) match · 2024
Employer contribution per active participant$2,964
Median for plans this size$2,416
2024$2,964 per active participant
2023$3,529 per active participant
2022$3,401 per active participant

United Legwear Company LLC'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
COMMONWEALTH EQUITY SERVICES, INC. · Recordkeeping · Trustee$78,762
ADP, INC. · Loan processing · Recordkeeping$10,043

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

Recordkeeper by year2
2024ADP, COMMONWEALTH EQUITY SERVICES, INC.
2023ADP, COMMONWEALTH EQUITY SERVICES, INC.

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$88,806 · 0.31%
2023$66,057 · 0.30%
2022$61,172 · 0.31%
Same employer
Similar plansManufacturing · New Jersey
Nwl, Inc. NJ$32.9M · 0.51%
Colors & Effects USA LLC NJ$32.7M · 0.05%
A-V Services, Inc. NJ$32.3M · 0.00%
Powell Electronics, Inc. NJ$32.2M · 0.36%
Grant Industries, Inc. NJ$31.4M · 0.22%
Sandy Alexander, Inc. NJ$31.3M · 0.28%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 260730820 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.