Plan Ledger DOL Form 5500 · updated monthly

Unitex Textile Services LLC401(k)

UNITEX TEXTILE SERVICES LLC 401(K) PLAN · ELMSFORD, NY · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Unitex Textile Services LLC reported $17,049 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,372 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 0.03% to 0.04%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 1,518th-largest of 5,648 plans among New York employers on file, and the 500th of 3,341 in other services. In 2024, employees put in $5.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$43,089,070
Participants with balances328
Active participants303
Employer contributions$415,706
Employee contributions$2,194,955
Employer contribution per active participant$1,372
Average account balance$131,369
Benefits paid to participants$3,173,185
Plan auditUnmodified (clean) audit opinion
AuditorSHERMAN SPERO SAFARINO CO CPA PC
Plan history3
Yearassets · accounts · employer contribution
2024$43.1M · 328 accts · $416K emplr
2023$38.4M · 271 accts · $465K emplr
2022$34.0M · 273 accts · $421K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,049
Total administrative$17,049
The Unitex Textile Services LLC 401(k) match · 2024
Employer contribution per active participant$1,372
Median for plans this size$2,416
2024$1,372 per active participant
2023$1,604 per active participant
2022$1,438 per active participant

Unitex Textile Services LLC's 2024 employer contribution ran below 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 · 20241
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$17,049

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$17,049 · 0.04%
2023$11,823 · 0.03%
2022$9,356 · 0.03%
Similar plansOther Services · New York
Welllife Network Inc. NY$41.2M · 0.05%
Lgi Services, LLC NY$40.0M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474588332 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.