Plan Ledger DOL Form 5500 · updated monthly

Universal Woods, LLC401(k)

UNIVERSAL WOODS, LLC PROFIT SHARING PLAN · LOUISVILLE, KY · plan year 2022

Reported admin expense ratio · 2022
0.44%

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

Universal Woods, LLC reported $83,073 in plan administrative expenses for 2022: 0.44% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,823 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other professional & technical services employers. By assets it is the 309th-largest of 871 plans among Kentucky employers on file, and the 5,803rd of 11,654 in professional & technical services. In 2022, employees put in $1.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,589,587
Participants with balances313
Active participants275
Employer contributions$776,413
Employee contributions$1,462,205
Employer contribution per active participant$2,823
Average account balance$59,392
Benefits paid to participants$2,475,045
Plan auditUnmodified (clean) audit opinion
AuditorMCM CPAS & ADVISORS LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$83,073
Total administrative$83,073
The Universal Woods, LLC 401(k) match · 2022
Employer contribution per active participant$2,823
Median for plans this size$2,266

Universal Woods, LLC's 2022 employer contribution ran above 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 history1
2022$83,073 · 0.44%
Similar plansProfessional & Technical Services · Kentucky
Universal Woods, LLC KY$19.8M · 0.46%
Health Tech Solutions LLC KY$18.5M · 0.33%
Boehl Stopher & Graves, LLP KY$17.4M · 0.23%
Certilytics, Inc. KY$14.1M · 0.29%
Doe-Anderson, Inc. KY$13.8M · 0.02%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 611230248 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.