Retirement plan

UNIVERSAL ELECTRONICS, INC. 401(K) AND PROFIT SHAR

Name: UNIVERSAL ELECTRONICS, INC. - UNIVERSAL ELECTRONICS, INC. 401(K) AND PROFIT SHAR (2017) Form 5500
Creator: UNIVERSAL ELECTRONICS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UNIVERSAL ELECTRONICS, INC. 401(K) AND PROFIT SHAR, UNIVERSAL ELECTRONICS, INC.

UNIVERSAL ELECTRONICS, INC.EIN 33-0204817Plan #001PY 2017

201 E. SANDPOINTE AVE., 8TH FL - SANTA ANA, CA 92707714-918-9500uei.comLinkedIn1001-5000 employeesconsumer electronics

Prospect flagsLow returnsCorrective distributions

How to read this page

Total assets (EOY)

$47.9M

+6.2% from 2016

Total participants

278

+2.2% from 2016

Average account balance

$193,786

+1.5% from 2016

Annual return

4.87%

-7.25 pp from 2016

Benchmarks

See 4,147 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,147 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$67.98M

Not enough data

1 years with asset history on file

Average account balance

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

$283K

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.

240

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.

83.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.78M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$23K

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

+13.62%

Not enough data

1 years with return on file

Admin fee / account holder

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

$431

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

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Service providers

Top 10 of 18 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.3+ years Service code 52 · EIN 04-1590850	Indirect Investment Fees	$64,192
EPIC RETIREMENT PLAN SERVICES1 year Filed as: SFG RETIREMENT PLAN CONSULTING LLC Service code 27 · EIN 46-4984194	Advisory (Plan)	$43,600
AMERICAN REALTY ADVISORS1 year Filed as: AMERICAN BEACON Service code 52 · EIN 75-2401150	Indirect Investment Fees	$0
AMERICAN CENTURY1 year Service code 52 · EIN 44-6006315	Indirect Investment Fees	$0
AMERICAN FUNDS1 year Service code 52 · EIN 95-2817150	Indirect Investment Fees	$0
BLACKROCK1 year Service code 52 · EIN 13-2949519	Indirect Investment Fees	$0
DIMENSIONAL FUND ADVISORS1 year Service code 52 · EIN 36-3129984	Indirect Investment Fees	$0
INVESCO1 year Service code 52 · EIN 95-2513084	Indirect Investment Fees	$0
MORGAN STANLEY SMITH BARNEY1 year Filed as: JP MORGAN Service code 52 · EIN 04-3400483	Indirect Investment Fees	$0
LEGG MASON1 year Service code 52 · EIN 95-2705767	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2J2F2H2K3D2T

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.
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.

Opportunity flags

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$64K

$301 / participant

Investment mgmt$61K95.7%
Contract admin$3K4.3%

% of EOY assets

0.134%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Qualified opinion

Opinion is qualified - a specific issue limited the scope or accuracy of the audit.

Auditor firm: SQUARMILNER LLP
Auditor EIN: 330835986
Audit fees: (not subdivided)
Opinion code: Qualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$193,786

$64,909+198.5%

$82,312+135.4%

$62,293+211.1%

Participation rate

85.4%

74.9%+10.6pp

76.9%+8.6pp

69.5%+15.9pp

Annual return

4.87%

21.18%-16.3pp

25.88%-21.0pp

28.90%-24.0pp

Employer contribution / active EE

$3,479

$1,676+107.6%

$2,428+43.2%

$2,042+70.3%

Participant deferral / active EE

$10,341

$3,103+233.2%

$3,706+179.0%

$3,169+226.3%

Admin fee / account holder

$260

$440-40.9%

$5,608-95.4%

$479-45.8%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.3+ years

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$64,192

EPIC RETIREMENT PLAN SERVICES1 year

Filed as: SFG RETIREMENT PLAN CONSULTING LLC

Service code 27 · EIN 46-4984194

Advisory (Plan)

$43,600

AMERICAN REALTY ADVISORS1 year

Filed as: AMERICAN BEACON

Service code 52 · EIN 75-2401150

Indirect Investment Fees

AMERICAN CENTURY1 year

Service code 52 · EIN 44-6006315

Indirect Investment Fees

AMERICAN FUNDS1 year

Service code 52 · EIN 95-2817150

Indirect Investment Fees

BLACKROCK1 year

Service code 52 · EIN 13-2949519

Indirect Investment Fees

DIMENSIONAL FUND ADVISORS1 year

Service code 52 · EIN 36-3129984

Indirect Investment Fees

INVESCO1 year

Service code 52 · EIN 95-2513084

Indirect Investment Fees

MORGAN STANLEY SMITH BARNEY1 year

Filed as: JP MORGAN

Service code 52 · EIN 04-3400483

Indirect Investment Fees

LEGG MASON1 year

Service code 52 · EIN 95-2705767

Indirect Investment Fees

UNIVERSAL ELECTRONICS, INC. 401(K) AND PROFIT SHAR

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UNIVERSAL ELECTRONICS, INC. 401(K) AND PROFIT SHAR

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