Plan Ledger DOL Form 5500 · updated monthly

Universal Industrial Sales Inc401(k)

UNIVERSAL INDUSTRIAL SALES 401(K) RETIREMENT SAVINGS PLAN · LINDON, UT · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Universal Industrial Sales Inc reported $11,341 in plan administrative expenses for 2024: 0.14% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,220 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 0.12% to 0.14%. 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 Utah (497th of 848), and 9,373rd of 13,661 in manufacturing. In 2024, employees put in $1.90 for every $1.00 the employer contributed; active participation has grown from 189 to 212 since 2022.

Plan summary
Net assets, end of year$8,653,581
Participants with balances114
Active participants212
Employer contributions$258,587
Employee contributions$492,218
Employer contribution per active participant$1,220
Average account balance$75,909
Benefits paid to participants$224,992
Plan auditUnmodified (clean) audit opinion
AuditorTRAVELLER & COMPANY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$8.7M · 114 accts · $259K emplr
2023$7.1M · 108 accts · $241K emplr
2022$5.6M · 105 accts · $229K emplr
Administrative expenses, itemized · 2024
Investment management$11,341
Total administrative$11,341
The Universal Industrial Sales Inc 401(k) match · 2024
Employer contribution per active participant$1,220
Median for plans this size$1,313
2024$1,220 per active participant
2023$1,217 per active participant
2022$1,213 per active participant

Universal Industrial Sales Inc's 2024 employer contribution ran below 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
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$19,307
EMPOWER ADVISORY GROUP, LLC · Investment management$2,661
DWC ERISA CONSULTANTS LLC · Contract administrator$1,615

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$11,341 · 0.14%
2023$8,722 · 0.14%
2022$7,242 · 0.12%
Similar plansManufacturing · Utah
Thermoworks, Inc. UT$9.4M · 0.79%
Sure Steel, Inc. UT$9.0M · 0.44%
Imsar LLC UT$8.6M · 0.34%
Alfwear, Inc. UT$8.4M · 0.65%
Casper's Ice Cream, LLC UT$8.3M · 0.96%
Scientia Vascular Inc UT$7.3M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870458991 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.