Plan Ledger DOL Form 5500 · updated monthly

US Data Management, LLC dba Usdm Life Sciences401(k)

USDM LIFE SCIENCES 401(K) SAVINGS PLAN · SANTA BARBARA, CA · plan year 2025

Reported admin expense ratio · 2025
0.36%

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

US Data Management, LLC dba Usdm Life Sciences reported $50,652 in plan administrative expenses for 2025: 0.36% of average plan assets, above the peer median. Employer contributions averaged $0 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 3 years on file its reported administrative ratio rose from 0.27% to 0.36%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other professional & technical services employers. By assets it is the 4,400th-largest of 9,483 plans among California employers on file, and 6,579th of 11,654 in professional & technical services. active participation has shrunk from 161 to 113 since 2022.

Plan summary
Net assets, end of year$14,941,532
Participants with balances154
Active participants113
Employer contributions$0
Employee contributions$1,286,922
Employer contribution per active participant$0
Average account balance$97,023
Benefits paid to participants$1,785,096
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$14.9M · 154 accts
2024$13.0M · 163 accts
2023$12.0M · 193 accts · $97K emplr
2022$9.3M · 178 accts · $100K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$50,652
Total administrative$50,652
The US Data Management, LLC dba Usdm Life Sciences 401(k) match · 2025
Employer contribution per active participant$0
Median for plans this size$2,666
2023$552 per active participant
2022$624 per active participant

US Data Management, LLC dba Usdm Life Sciences's 2025 employer contribution ran below the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$50,561
ACTUARIAL BENEFITS CORPORATION · Consulting · Other servicesindirect comp

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

Administrative cost history4
2025$50,652 · 0.36%
2024$52,718 · 0.42%
2023$43,292 · 0.41%
2022$27,399 · 0.27%
Same employer
Similar plansProfessional & Technical Services · California
Data.Ai, Inc CA$15.1M · 0.35%
Hearsay Social, Inc CA$15.1M · 0.27%
A Medium Corporation CA$15.0M · 0.24%
Edtec Inc. CA$15.0M · 0.03%
Syapse, Inc. CA$14.9M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770543352 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.