Retirement plan

ALLIED UNIVERSAL CBU 401(K) PLAN

Name: UNIVERSAL SERVICES OF AMERICA, LP - ALLIED UNIVERSAL CBU 401(K) PLAN (2024) Form 5500
Creator: UNIVERSAL SERVICES OF AMERICA, LP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ALLIED UNIVERSAL CBU 401(K) PLAN, UNIVERSAL SERVICES OF AMERICA, LP

UNIVERSAL SERVICES OF AMERICA, LPEIN 27-1562945Plan #002PY 2024

450 EXCHANGE - IRVINE, CA 92602484-351-1812universalpro.comLinkedIn10001+ employeessecurity and investigations

Prospect flagsLow returnsLow assets / participant

How to read this page

Total assets (EOY)

$18.9M

+12.7% from 2023

Total participants

11,115

+11.1% from 2023

Average account balance

$1,700

+1.4% from 2023

Annual return

9.02%

-2.87 pp from 2023

Benchmarks

See 385 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort385 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$18.90M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$2K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

11,115

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.46M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+9.02%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$29

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 3 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS10+ years Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781	Recordkeeping	$259,966
SAGEVIEW ADVISORY GROUP, LLC5 years Filed as: SAGEVIEW ADVISORY GROUP Service code 27 · EIN 33-0818667	Advisory (Plan)	$43,428
WITHUMSMITH+BROWN, PC3 years Filed as: WITHUMSMITH+BROWN PC Service code 10 · EIN 22-2027092	Accounting	$16,120

Plan features & details

Pension benefit codes2E2F2J2T3D3H3B2H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$320K

$105 / participant

Recordkeeping$260K81.4%
Investment mgmt$43K13.6%
Other / not subdivided$16K5.0%

% of EOY assets

1.691%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WITHUMSMITH+BROWN PC
Auditor EIN: 222027092
Audit fees: $16,120
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$1,700

$45,022-96.2%

$85,240-98.0%

$200,096-99.2%

Participation rate

100.0%

45.8%+54.2pp

67.5%+32.5pp

72.0%+28.0pp

Annual return

9.02%

21.00%-12.0pp

66.75%-57.7pp

34.26%-25.2pp

Employer contribution / active EE

$659

$1,374-52.0%

$2,735-75.9%

$3,038-78.3%

Participant deferral / active EE

$481

$2,682-82.1%

$4,527-89.4%

$5,090-90.6%

Admin fee / account holder

$29

$585-95.1%

$6,165-99.5%

$269-89.3%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS10+ years

Filed as: TRANSAMERICA LIFE INSURANCE COMPANY

Service code 15 · EIN 39-0989781

Recordkeeping

$259,966

SAGEVIEW ADVISORY GROUP, LLC5 years

Filed as: SAGEVIEW ADVISORY GROUP

Service code 27 · EIN 33-0818667

Advisory (Plan)

$43,428

WITHUMSMITH+BROWN, PC3 years

Filed as: WITHUMSMITH+BROWN PC

Service code 10 · EIN 22-2027092

Accounting

$16,120

ALLIED UNIVERSAL CBU 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ALLIED UNIVERSAL CBU 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion