Universal Dedicated, Inc. 401(k) Review & Grade
Universal Dedicated, Inc. Union 401(k) Plan
Warren, MITransportation & Warehousing973 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$482Employer $ per active participant
$1,456Employee $ saved per active participant
0.10%Direct admin cost, % of plan assets
$12.2MNet plan assets, end of year
$24,110Average balance per account
Score breakdown
- Employer generosity12.7 / 5025th percentile for employer $ per participant
- Low cost18.4 / 2573th percentile for low admin cost vs. same-size plans
- Employee saving3.2 / 1521th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
Total score34 / 100 · Grade D
This plan vs. peers
Peers: Transportation & Warehousing plans with 500–2,499 active participants (392 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 25th |
| Lower admin cost | 73th |
| Employee saving | 21th |
| Peers that auto-enroll | 37% |
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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
- Universal Dedicated put in about $482 per active participant, below the typical peer ($1,070). 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 | $468,968 |
| Participant (employee) contributions | $1,416,465 |
| Other contributions (incl. rollovers in) | $82,423 |
| Administrative expenses paid from the plan | $11,470 |
| Other admin expenses | $11,470 |
| Benefits paid out | $1,539,792 |
| Net assets, start / end of year | $10.3M / $12.2M |
| Active participants, start / end of year | 938 / 1,008 |
| Participants with account balances | 506 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Mrpr Group P.C. |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $9,788 reported compensation |
| Strategic Advisors, Inc. | $1,682 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014152822NAL0003162753004, received 2025-10-14, EIN 38-2564759, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.