Plan Ledger DOL Form 5500 · updated monthly

Universal Audio Inc.401(k)

UNIVERSAL AUDIO INC. 401(K) PROFIT SHARING PLAN AND TRUST · SCOTTS VALLEY, CA · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

Universal Audio Inc. reported $160,367 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,942 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 0.37% to 0.47%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 2,248th-largest of 9,483 plans among California employers on file, and the 3,857th of 13,661 in manufacturing. In 2024, employees put in $3.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$37,550,971
Participants with balances344
Active participants239
Employer contributions$942,232
Employee contributions$3,038,874
Employer contribution per active participant$3,942
Average account balance$109,160
Benefits paid to participants$2,198,495
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$37.6M · 344 accts · $942K emplr
2023$30.7M · 324 accts · $961K emplr
2022$25.4M · 329 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$88,305
Investment management$72,062
Total administrative$160,367
The Universal Audio Inc. 401(k) match · 2024
Employer contribution per active participant$3,942
Median for plans this size$2,416
2024$3,942 per active participant
2023$4,253 per active participant
2022$4,170 per active participant

Universal Audio Inc.'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
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$72,062

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$160,367 · 0.47%
2023$139,777 · 0.50%
2022$100,005 · 0.37%
Same employer
Similar plansManufacturing · California
Ascendis Pharma, Inc. CA$37.9M · 0.16%
Bell-Carter Foods, LLC. CA$37.8M · 0.26%
Pasco Scientific CA$37.6M · 0.24%
Lithographix, Inc. CA$37.4M · 0.39%
Neolife International, LLC CA$37.1M · 0.05%
Hyundai Translead CA$36.7M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770490415 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.