Ushg, LLC 401(k) Review & Grade
Ushg 401(k) Plan
New York, NYAccommodation & Food Services2,014 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$604Employer $ per active participant
$1,303Employee $ saved per active participant
0.56%Direct admin cost, % of plan assets
$27.7MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity38.5 / 5077th percentile for employer $ per participant
- Low cost5.0 / 2520th percentile for low admin cost vs. same-size plans
- Employee saving10.7 / 1571th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score57 / 100 · Grade C
This plan vs. peers
Peers: Accommodation & Food Services plans with 500–2,499 active participants (458 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 77th |
| Lower admin cost | 20th |
| Employee saving | 71th |
| Peers that auto-enroll | 17% |
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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
- Ushg put in about $604 per active participant, more than the typical peer ($266). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- 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.
- Direct plan expenses (0.56% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- 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 | $1,217,070 |
| Participant (employee) contributions | $2,624,574 |
| Other contributions (incl. rollovers in) | $672,426 |
| Administrative expenses paid from the plan | $146,482 |
| Investment advisory & management fees | $37,878 |
| Benefits paid out | $5,325,482 |
| Net assets, start / end of year | $25.0M / $27.7M |
| Active participants, start / end of year | 1,496 / 2,531 |
| Participants with account balances | 961 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Gray, Gray & Gray LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $81,467 reported compensation |
| Mma Securities | $37,878 reported compensation |
| GGG | $27,137 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250722150255NAL0001319891001, received 2025-07-22, EIN 13-3981536, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.