Plan Ledger DOL Form 5500 · updated monthly

Universal Technical Institute, Inc.401(k)

UNIVERSAL TECHNICAL INSTITUTE, INC. 401(K) PLAN · PHOENIX, AZ · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Universal Technical Institute, Inc. reported $368,501 in plan administrative expenses for 2024: 0.21% of average plan assets, above the peer median. Employer contributions averaged $1,106 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.

The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other educational services employers. By assets it is the 77th-largest of 1,285 plans among Arizona employers on file, and the 298th of 3,091 in educational services. In 2024, employees put in $4.49 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$188,289,356
Participants with balances4,071
Active participants3,891
Employer contributions$4,303,263
Employee contributions$19,339,569
Employer contribution per active participant$1,106
Average account balance$46,251
Benefits paid to participants$16,162,853
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$250,365
Investment management$104,748
Audit (IQPA)$13,388
Total administrative$368,501
The Universal Technical Institute, Inc. 401(k) match · 2024
Employer contribution per active participant$1,106
Median for plans this size$3,635

Universal Technical Institute, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$252,426
SAGEVIEW ADVISORY GROUP, LLC · Investment advisory (plan)$56,000
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$48,748
FORVIS, LLP · Accounting / audit$13,388

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history1
2024$368,501 · 0.21%
Same employer
Similar plansEducational Services · Arizona
Cable One, Inc. AZ$284.7M · 0.13%
Grand Canyon Education, Inc. AZ$191.7M · 0.20%
Pima Medical Institute AZ$190.1M · 0.07%
Grand Canyon University AZ$158.3M · 0.31%
Imagine Learning LLC AZ$138.4M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860226984 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.