Plan Ledger DOL Form 5500 · updated monthly

Universal Production Corporation401(k)

UNIVERSAL PRODUCTION CORP 401(K) PLAN · NEWARK, OH · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Universal Production Corporation reported $15,366 in plan administrative expenses for 2024: 0.41% of average plan assets, below the peer median. Employer contributions averaged $288 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 0.44% to 0.41%. 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 Ohio (2,704th of 3,295), and 11,779th of 13,661 in manufacturing. In 2024, employees put in $4.69 for every $1.00 the employer contributed; active participation has grown from 110 to 156 since 2022.

Plan summary
Net assets, end of year$3,923,700
Participants with balances188
Active participants156
Employer contributions$44,981
Employee contributions$210,889
Employer contribution per active participant$288
Average account balance$20,871
Benefits paid to participants$355,850
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.9M · 188 accts · $45K emplr
2023$3.7M · 189 accts · $52K emplr
2022$3.6M · 167 accts · $50K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,350
Total administrative$15,366
The Universal Production Corporation 401(k) match · 2024
Employer contribution per active participant$288
Median for plans this size$1,313
2024$288 per active participant
2023$438 per active participant
2022$452 per active participant

Universal Production Corporation's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 · 20241
CBIZ INVESTMENT ADVISORY SERVICES Lindirect comp

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$15,366 · 0.41%
2023$8,250 · 0.23%
2022$17,042 · 0.44%
Same employer
Similar plansManufacturing · Ohio
Woeber Mustard Company OH$4.0M · 0.36%
Summit Plastic Company OH$4.0M · 0.38%
Jec Investments, Inc. OH$3.9M · 0.73%
Alacriant Inc. OH$3.9M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311380080 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.