Plan Ledger DOL Form 5500 · updated monthly

Universal Land Construction Company401(k)

UNIVERSAL LAND 401(K) PROFIT SHARING PLAN AND TRUST · WOODINVILLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Universal Land Construction Company reported $42,515 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $5,995 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 fell from 0.45% to 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 847th-largest of 1,714 plans among Washington employers on file, and the 2,473rd of 5,337 in construction. In 2024, employees put in $1.59 for every $1.00 the employer contributed; active participation has shrunk from 76 to 68 since 2022.

Plan summary
Net assets, end of year$15,006,518
Participants with balances167
Active participants68
Employer contributions$407,664
Employee contributions$647,102
Employer contribution per active participant$5,995
Average account balance$89,859
Benefits paid to participants$451,107
Plan auditUnmodified (clean) audit opinion
AuditorSMITH & DEKAY PS
Plan history3
Yearassets · accounts · employer contribution
2024$15.0M · 167 accts · $408K emplr
2023$13.0M · 171 accts · $437K emplr
2022$12.1M · 169 accts · $390K emplr
Administrative expenses, itemized · 2024
Investment management$42,515
Total administrative$42,515
The Universal Land Construction Company 401(k) match · 2024
Employer contribution per active participant$5,995
Median for plans this size$2,416
2024$5,995 per active participant
2023$6,070 per active participant
2022$5,134 per active participant

Universal Land Construction Company'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 · 20243
EMPOWER ADVISORY GROUP, LLC · Investment management$37,773
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$4,742

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$42,515 · 0.30%
2023$53,626 · 0.43%
2022$61,294 · 0.45%
Similar plansConstruction · Washington
Aks Industries, Inc. WA$15.0M · 0.66%
Charter Construction, Inc. WA$14.2M · 0.16%
Nutter Corporation WA$13.8M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910952492 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.