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Department of Labor filing

UNIVERSAL PARAGON CORPORATION

UNIVERSAL PARAGON CORPORATION 401(K) PLAN · For the plan year ended Dec 31, 2023

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Public filing 2023 · received Oct 10, 2024Verified current terms Not available

Plan at a glance

How good does the filing look?

58filing comparison
out of 100

The filing looks broadly typical among comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support
$1,504

Reported employer contributions per active participant.

Higher than about 76% of comparable plans
#People in the filing
427

Active participants reported for 2023.

The filing does not say how many employees are currently contributing.
¢Visible plan-paid fees
$164 / participant

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

Lower cost than about 14% of comparable plans
↗Investment performance
Not available

Plan assets changed 26.4%, 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 · 202358out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions76th percentileTypical peer $879 · based on 221 comparable plans
Lower reported administrative expense14th percentileTypical peer $72 · based on 242 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, 2023, UNIVERSAL PARAGON CORPORATION reported $642,081 in employer contributions across the plan and 427 active participants. That works out to $1,504 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 proxy78%

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 trendUp 30.9%

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

Expense trendUp 20.8%

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

Peer context58/100

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
$642,081
Participant contributions
$1,278,073
Other contributions
$412,947
Employer share of reported contributions
33.4%
Beginning assets
$11,557,382
Ending assets
$14,606,836
Ending net assets
$14,606,836
Ending liabilities
$0
Total income
$4,298,450
Total expenses
$1,248,996
Administrative expenses
$92,033
Participant loans
$376,747

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
$1,148
2023
$1,504
Plan-paid administrative expenses per participant
2022
$136
2023
$164
Active participants
2022
425
2023
427
Detailed filing history
Plan yearPer active participantActive participantsPlan assetsFiling ID
2023$1,50442714.6M20241010102535NAL0009907555001
2022$1,14842511.6M20231016185118NAL0025758563001

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
2.6%
Independent accountant’s opinion
Unqualified opinion Code 1
Late participant contributions reported
Yes
Public plan identifier
943107608-001

Reported plan details

Identity and filing status

Plan type
Retirement plan
Employer arrangement
Single-employer plan
Plan effective date
Oct 1, 1994
Industry
Accommodation and food services
Amended filing
No
Final filing for this plan
No
Short plan year
No
401(k) feature reported
Yes
Show DOL characteristic codes2E2F2G2J2K2S2T3D3H

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

ProviderPlan yearDirect compensationIndirect compensation
ALLIANZ GLOBAL INVESTORS DISTRIBUTO2023Not reportedunknown
AMERICAN CENTURY INVESTMENT SERVICE2023Not reportedunknown
BLACKROCK INVESTMENTS, INC.2023Not reportedunknown
COHEN & STEERS CAPITAL MANAGEMENT2023Not reportedunknown
FIDELITY DISTRIBUTORS CORP.2023Not reportedunknown
FRANKLIN TEMPLETON DISTRIBUTORS, I2023Not reportedunknown
FRANKLIN TEMPLETON DISTRIBUTORS, IN2023Not reportedunknown
INVESCO2023Not reportedunknown
J.P. MORGAN INVESTMENT MANAGEMENT2023Not reportedunknown
MFS FUND DISTRIBUTORS, INC.2023Not reportedunknown
MUNDER2023Not reportedunknown
NEUBERGER BERMAN2023Not reportedunknown
NYLIFE DISTRIBUTORS, LLC2023Not reportedunknown
PRUDENTIAL INVESTMENTS LLC2023Not reportedunknown
T. ROWE PRICE2023Not reportedunknown
TIAA-CREF FUNDS2023Not reportedunknown
TRANSAMERICA CAPITAL, INC.2023Not reportedunknown

Current plan terms

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Filing ACK_ID20241010102535NAL0009907555001
Data sourceDOL Form 5500 bulk data ↗
Filing searchEFAST2 ↗