Plan Ledger DOL Form 5500 · updated monthly

United Minerals & Properties, Inc.401(k)

UNITED MINERALS & PROPERTIES, INC. 401(K) RETIREMENT PLAN · CHATSWORTH, GA · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

United Minerals & Properties, Inc. reported $15,502 in plan administrative expenses for 2024: 0.17% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,440 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 rose from 0.05% to 0.17%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Georgia (1,252nd of 2,160), and 8,764th of 13,661 in manufacturing. In 2024, employees put in $1.73 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,022,278
Participants with balances241
Active participants395
Employer contributions$568,970
Employee contributions$984,190
Employer contribution per active participant$1,440
Average account balance$41,586
Benefits paid to participants$736,303
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.0M · 241 accts · $569K emplr
2023$8.3M · 205 accts · $472K emplr
2022$6.5M · 192 accts · $331K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,767
Investment management$5,735
Total administrative$15,502
The United Minerals & Properties, Inc. 401(k) match · 2024
Employer contribution per active participant$1,440
Median for plans this size$1,313
2024$1,440 per active participant
2023$1,183 per active participant
2022$810 per active participant

United Minerals & Properties, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20244
WELLS FARGO ADVISORS FIN NE · Investment advisory (plan)$5,735
RETIREMENT SOLUTIONS SPECIALISTS · Contract administrator$3,719
EMPOWER ADVISORY GROUP, LLC · Investment management$3,268

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

Administrative cost history3
2024$15,502 · 0.17%
2023$4,232 · 0.06%
2022$3,232 · 0.05%
Same employer
Similar plansManufacturing · Georgia
Optima Chemical Group, LLC GA$10.3M · 0.02%
Crider, Inc. GA$10.1M · 0.96%
Argos USA, LLC GA$9.9M · 0.10%
Rem Arms LLC GA$9.8M · 0.59%
Polyventive LLC GA$9.6M · 0.76%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581934881 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.