Plan Ledger DOL Form 5500 · updated monthly

Utica Enterprises, Inc.401(k)

UTICA ENTERPRISES, INC. 401(K) PLAN · TROY, MI · plan year 2023

Reported admin expense ratio · 2023
0.00%

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

Utica Enterprises, Inc. reported $900 in plan administrative expenses for 2023: 0.00% of average plan assets, lower than ~75% of peers. 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 1 year on file its reported administrative ratio rose from 0.002% to 0.003%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 789th-largest of 2,619 plans among Michigan employers on file, and the 4,491st of 13,661 in manufacturing.

Plan summary
Net assets, end of year$29,983,145
Participants with balances240
Active participants178
Employer contributions$0
Employee contributions$959,281
Employer contribution per active participant$0
Average account balance$124,930
Benefits paid to participants$1,539,459
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$30.0M · 240 accts
2022$25.3M · 258 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$900
Total administrative$900
The Utica Enterprises, Inc. 401(k) match · 2023
Employer contribution per active participant$0
Median for plans this size$2,440

Utica Enterprises, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$900
MORGAN STANLEY SMITH BARNEYindirect comp

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

Administrative cost history2
2023$900 · 0.00%
2022$625 · 0.00%
Similar plansManufacturing · Michigan
The Spiratex Company MI$30.2M · 0.27%
Hilite International MI$30.1M · 0.32%
Flat Rock Metal MI$30.0M · 0.39%
Opus Packaging Group, Inc. MI$29.5M · 0.59%
Kamax Inc. MI$29.3M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382596275 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.