Plan Ledger DOL Form 5500 · updated monthly

Universal Leaf Tobacco Company, Inc.401(k)

UNIVERSAL LEAF TOBACCO COMPANY, INC. 401(K) SAVINGS PLAN · RICHMOND, VA · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Universal Leaf Tobacco Company, Inc. reported $65,195 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,041 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 0.06%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 240th-largest of 2,266 plans among Virginia employers on file, and the 354th of 4,246 in wholesale trade. In 2024, employees put in $1.62 for every $1.00 the employer contributed; active participation has shrunk from 2,729 to 1,880 since 2022.

Plan summary
Net assets, end of year$121,241,736
Participants with balances3,586
Active participants1,880
Employer contributions$3,837,586
Employee contributions$6,233,325
Employer contribution per active participant$2,041
Average account balance$33,810
Benefits paid to participants$14,652,334
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$121.2M · 3,586 accts · $3.8M emplr
2023$109.1M · 3,610 accts · $3.6M emplr
2022$77.9M · 2,464 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$65,195
Total administrative$65,195
The Universal Leaf Tobacco Company, Inc. 401(k) match · 2024
Employer contribution per active participant$2,041
Median for plans this size$3,635
2024$2,041 per active participant
2023$1,119 per active participant
2022$709 per active participant

Universal Leaf Tobacco Company, Inc.'s 2024 employer contribution ran below the $3,635 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$65,195

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$65,195 · 0.06%
2023$36,818 · 0.04%
2022$21,208 · 0.03%
Same employer
Similar plansWholesale Trade · Virginia
Jre Holdings, Inc. VA$181.7M · 0.22%
Fisher Auto Parts, Inc. VA$92.2M · 0.14%
Kaeser Compressors, Inc. VA$90.8M · 0.05%
Eagle Corporation VA$71.3M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 540741848 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.