Union Partners I LLC 401(k) Review & Grade
Union Partners I LLC 401(k) Saving Plan
Oak Brook, ILManufacturing776 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,151Employer $ per active participant
$3,706Employee $ saved per active participant
0.33%Direct admin cost, % of plan assets
$42.5MNet plan assets, end of year
$89,895Average balance per account
Score breakdown
- Employer generosity10.5 / 5021th percentile for employer $ per participant
- Low cost9.2 / 2537th percentile for low admin cost vs. same-size plans
- Employee saving4.9 / 1533th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score28 / 100 · Grade F
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 21th |
| Lower admin cost | 37th |
| Employee saving | 33th |
| Peers that auto-enroll | 59% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Union Partners I put in about $1,151 per active participant, below the typical peer ($2,320). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $893,001 |
| Participant (employee) contributions | $2,875,862 |
| Other contributions (incl. rollovers in) | $1,300,188 |
| Administrative expenses paid from the plan | $141,066 |
| Investment advisory & management fees | $59,292 |
| Benefits paid out | $9,504,256 |
| Net assets, start / end of year | $41.7M / $42.5M |
| Active participants, start / end of year | 1,039 / 513 |
| Participants with account balances | 473 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Fgmk, LLC |
Largest service providers (Schedule C)
| Jpmorgan Invest Holdings LLC | $87,871 reported compensation |
| Forest Capital Management LLC | $59,292 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251002110840NAL0000264435001, received 2025-10-02, EIN 47-1574790, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.