Plan Ledger DOL Form 5500 · updated monthly

United Telecom USA Inc.401(k)

UTUSA 401(K) PLAN · WESTBURY, NY · plan year 2022

Reported admin expense ratio · 2022
0.08%

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

United Telecom USA Inc. reported $350 in plan administrative expenses for 2022: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $167 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in New York (5,450th of 5,648), and 2,166th of 2,199 in information & media. In 2022, employees put in $5.71 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$500,817
Participants with balances27
Active participants190
Employer contributions$31,639
Employee contributions$180,761
Employer contribution per active participant$167
Average account balance$18,549
Benefits paid to participants$2,053
Plan auditUnmodified (clean) audit opinion
AuditorTMI CPA, PC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$350
Total administrative$350
The United Telecom USA Inc. 401(k) match · 2022
Employer contribution per active participant$167
Median for plans this size$331

United Telecom USA Inc.'s 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$350 · 0.08%
Similar plansInformation & Media · New York
Sterling Staffing NY$1.2M · 1.12%
Nw Magazine LLC NY$1.2M · 0.06%
Media Sales Plus Inc NY$942K · 0.59%
Arjay Telecommunications NY$455K · 0.40%
Zynga Inc. NY$293K · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 030426661 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.