Plan Ledger DOL Form 5500 · updated monthly

United Metro Energy Corp.401(k)

UNITED METRO ENERGY CORP. 401(K) PROFIT SHARING PLAN & TRUST · BROOKLYN, NY · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

United Metro Energy Corp. reported $9,655 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,576 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 0.22% to 0.07%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in New York (3,078th of 5,648), and 2,463rd of 4,246 in wholesale trade. In 2024, employees put in $2.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,043,992
Participants with balances94
Active participants78
Employer contributions$278,959
Employee contributions$651,626
Employer contribution per active participant$3,576
Average account balance$149,404
Benefits paid to participants$876,547
Plan auditDisclaimer of opinion
AuditorRBSM, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$14.0M · 94 accts · $279K emplr
2023$12.0M · 100 accts · $248K emplr
2022$9.5M · 95 accts · $220K emplr
The United Metro Energy Corp. 401(k) match · 2024
Employer contribution per active participant$3,576
Median for plans this size$2,416
2024$3,576 per active participant
2023$3,139 per active participant
2022$2,684 per active participant

United Metro Energy Corp.'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
MUTUAL OF AMERICA SEC. CORP LLC · Recordkeeping · Loan processing$9,655
WILSHIRE ASSOCIATES INC. · Named fiduciary$6,646

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$9,655 · 0.07%
2023$10,626 · 0.10%
2022$22,446 · 0.22%
Similar plansWholesale Trade · New York
Nebraskaland, Inc. NY$14.2M · 0.23%
J & D Brush Associates, LLC NY$14.1M · 0.41%
Argo Turboserve Corporation NY$14.1M · 0.23%
Country Life, LLC NY$13.9M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 462112871 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.