Retirement plan

UNIVERSAL ATHLETIC SERVICES, INC. 401(K) RETIREMENT PLAN

Name: UNIVERSAL ATHLETIC SERVICES, INC. - UNIVERSAL ATHLETIC SERVICES, INC. 401(K) RETIREMENT PLAN (2023) Form 5500
Creator: UNIVERSAL ATHLETIC SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UNIVERSAL ATHLETIC SERVICES, INC. 401(K) RETIREMENT PLAN, UNIVERSAL ATHLETIC SERVICES, INC.

UNIVERSAL ATHLETIC SERVICES, INC.EIN 81-0340377Plan #002PY 2023

12 LARIAT LOOP - BOZEMAN, MT 59715406-587-1220LinkedIn51-200 employeesconsumer goods

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$8.9M

+12.8% from 2022

Total participants

134

+1.5% from 2022

Average account balance

$68,939

+6.7% from 2022

Annual return

16.80%

+34.05 pp from 2022

Benchmarks

See 2,313 peers

Peer group

Industry45 - Retail Trade

Plan typeDefined contribution

Participants25-99

Cohort2,313 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.99M

Not enough data

1 years with asset history on file

Average account balance

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

$66K

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.

137

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.

96.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$256K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+10.58%

Not enough data

1 years with return on file

Admin fee / account holder

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

$426

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 5 by compensation

Provider	Service type	Compensation
LPL FINANCIAL9+ years Service code 27 PO BOX 509026 · SAN DIEGO, CA 92150	Advisory (Plan)	$28,781
SANNAH M BRANDT LLC DBA UPA8 years Filed as: SANNAH BRANDT LLC UNITED PENSION Service code 13 3495 PARKWAY AVE · BOZEMAN, MT 59718	Contract Administrator	$13,744
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 OF AMERICA · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$9,350
LEAFHOUSE FINANCIAL ADVISORS, LLC2 years Service code 99 6011 WEST COURTYARD DR · AUSTIN, TX 78730	Other Fees	$6,578
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$1,434

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all 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.
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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$54K

$869 / participant

Recordkeeping$9K17.3%
Investment mgmt$32K58.7%
Other / not subdivided$13K23.9%

% of EOY assets

0.606%

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: WIPFLI LLP
Auditor EIN: 390758449
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$68,939

$57,541+19.8%

$95,759-28.0%

$75,177-8.3%

Participation rate

91.9%

62.5%+29.4pp

72.3%+19.7pp

67.2%+24.7pp

Annual return

16.80%

34.93%-18.1pp

28.42%-11.6pp

160.75%-143.9pp

Employer contribution / active EE

$865

$1,808-52.1%

$2,836-69.5%

$2,671-67.6%

Participant deferral / active EE

$3,345

$3,074+8.8%

$4,244-21.2%

$4,126-18.9%

Admin fee / account holder

$418

$4,099-89.8%

$5,678-92.6%

$5,651-92.6%

Provider

Service type

Compensation

LPL FINANCIAL9+ years

Service code 27

PO BOX 509026 · SAN DIEGO, CA 92150

Advisory (Plan)

$28,781

SANNAH M BRANDT LLC DBA UPA8 years

Filed as: SANNAH BRANDT LLC UNITED PENSION

Service code 13

3495 PARKWAY AVE · BOZEMAN, MT 59718

Contract Administrator

$13,744

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER ANNUITY INSURANCE COMPANY

Service code 64

OF AMERICA · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$9,350

LEAFHOUSE FINANCIAL ADVISORS, LLC2 years

Service code 99

6011 WEST COURTYARD DR · AUSTIN, TX 78730

Other Fees

$6,578

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER ADVISORY GROUP, LLC

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$1,434

UNIVERSAL ATHLETIC SERVICES, INC. 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UNIVERSAL ATHLETIC SERVICES, INC. 401(K) RETIREMENT 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