Plan Ledger DOL Form 5500 · updated monthly

Universal Lighting Technologies, Inc.401(k)

UNIVERSAL LIGHTING TECHNOLOGIES 401(K) SAVINGS PLAN · BIRMINGHAM, AL · plan year 2022

Reported admin expense ratio · 2022
0.28%

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

Universal Lighting Technologies, Inc. reported $81,770 in plan administrative expenses for 2022: 0.28% of average plan assets, above the peer median. Employer contributions averaged $2,247 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 1 year on file its reported administrative ratio rose from 0.28% to 5.75%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is the 253rd-largest of 902 plans among Alabama employers on file, and the 5,079th of 13,661 in manufacturing. In 2022, employees put in $4.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$25,280,715
Participants with balances187
Active participants98
Employer contributions$220,172
Employee contributions$907,353
Employer contribution per active participant$2,247
Average account balance$135,191
Benefits paid to participants$3,435,488
Plan auditUnmodified (clean) audit opinion
AuditorLBMC.PC.
Plan history2
Yearassets · accounts · employer contribution
2023$149K · $80K emplr
2022$25.3M · 187 accts · $220K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$16,595
Investment management$65,175
Total administrative$81,770
The Universal Lighting Technologies, Inc. 401(k) match · 2022
Employer contribution per active participant$2,247
Median for plans this size$2,266

Universal Lighting Technologies, Inc.'s 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$731,587 · 5.75%
2022$81,770 · 0.28%
Similar plansManufacturing · Alabama
Wellborn Cabinet Inc. AL$31.4M · 0.14%
Tiffin Motor Homes, Inc. AL$28.4M · 0.01%
Rusken Packaging, Inc. AL$28.2M · 0.38%
Smith Industries, Inc. AL$28.1M · 0.21%
Fastening Solutions, Inc. AL$25.2M · 0.33%
Plasman Corp. LLC AL$25.1M · 0.20%
Amico Holding Company, Inc. AL$24.8M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621838306 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.