Department of Labor filing

ULTRALIFE CORPORATION

ULTRALIFE CORPORATION 401(K) PLAN · For the plan year ended Dec 31, 2024

Public filing 2024 · received Oct 8, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

36filing comparison
out of 100

The filing trails many comparable plans on reported employer support and/or plan-paid administrative costs. This is a filing comparison, not a complete benefits score.

$Employer support

$1,907

Reported employer contributions per active participant.

Higher than about 44% of comparable plans

#People in the filing

409

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$308 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 18% of comparable plans

↗Investment performance

Not available

Plan assets changed 15.0%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202436out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions44th percentileTypical peer $2,163 · based on 323 comparable plans

Lower reported administrative expense18th percentileTypical peer $162 · based on 321 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, ULTRALIFE CORPORATION reported $779,949 in employer contributions across the plan and 409 active participants. That works out to $1,907 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy83%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendDown 25.1%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendDown 32.8%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context36/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $779,949
Participant contributions: $1,712,163
Other contributions: $723,141
Employer share of reported contributions: 31.3%
Beginning assets: $27,610,949
Ending assets: $31,764,957
Ending net assets: $31,764,957
Ending liabilities: $0
Total income: $6,824,769
Total expenses: $2,670,761
Administrative expenses: $103,902
Participant loans: $571,545

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$2,547

2023

$2,698

2024

$1,907

Plan-paid administrative expenses per participant

2022

$458

2023

$262

2024

$308

Active participants

2022

240

2023

261

2024

409

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$1,907	409	31.8M	20251008073113NAL0002828067001
2023	$2,698	261	27.6M	20241014102632NAL0053108178001
2022	$2,547	240	23.5M	20231013154200NAL0068266834001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 1.8%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 161387013-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jun 1, 1992
Industry: Industry group 335
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2F2G2J2K2S2T3D

Current plan terms

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Filing ACK_ID20251008073113NAL0002828067001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗