Plan Ledger DOL Form 5500 · updated monthly

United Power, Inc.401(k)

UNITED POWER, INC. 401(K) PLAN · BRIGHTON, CO · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

United Power, Inc. reported $82,890 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $5,852 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 0.23% to 0.25%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other utilities employers. By assets it is the 341st-largest of 1,461 plans among Colorado employers on file, and 217th of 412 in utilities. In 2024, employees put in $1.45 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$34,146,622
Participants with balances199
Active participants198
Employer contributions$1,158,775
Employee contributions$1,676,344
Employer contribution per active participant$5,852
Average account balance$171,591
Benefits paid to participants$6,236,156
Plan auditUnmodified (clean) audit opinion
AuditorWATSON COON RYAN CPA
Plan history3
Yearassets · accounts · employer contribution
2024$34.1M · 199 accts · $1.2M emplr
2023$32.8M · 208 accts · $1.2M emplr
2022$28.3M · 197 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,736
Investment management$46,154
Total administrative$82,890
The United Power, Inc. 401(k) match · 2024
Employer contribution per active participant$5,852
Median for plans this size$2,416
2024$5,852 per active participant
2023$6,124 per active participant
2022$5,360 per active participant

United Power, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. 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 · 20246
IMA ADVISORY SERVICES INC · Investment advisory (plan)$35,625
EMPOWER ADVISORY GROUP, LLC · Investment management$10,499
EMPOWER FINANCIAL SERVICES, INC. · Securities brokerage$20

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$82,890 · 0.25%
2023$72,234 · 0.24%
2022$71,692 · 0.23%
Same employer
Similar plansUtilities · Colorado
Core Electric Cooperative CO$39.7M · 0.02%
Arcadia Power CO$19.4M · 0.22%
City Light & Power, Inc. CO$16.8M · 0.34%
Pivot Energy, Inc. CO$10.3M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 840340655 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.