Utilities & Industries Management 401(k) match, vesting and fees
What Utilities & Industries Management's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance Co | Schedule C ↗ |
| Independent auditor | Citrin Cooperman & Company LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 398 defined-contribution plans in management of companies and enterprises with 100 to 499 participants.
| Utilities & Industries Management: employer contribution per participant | $2,113 | |
| Peer median | $2,051 |
| Utilities & Industries Management: average balance | $64,593 | |
| Peer median | $71,053 |
| Utilities & Industries Management: admin expenses ÷ assets | 0.38% | |
| Peer median | 0.25% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $14.8M at the end of plan year 2021 to $15.9M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 257 | $15.9M | $520K | $2,113 | 0.38% | Not published | Form 5500 ↗ |
| 2023 | 251 | $15.4M | $506K | $2,146 | 0.38% | Not published | Form 5500 ↗ |
| 2022 | 223 | $12.6M | $440K | $2,085 | 0.36% | Not published | Form 5500 ↗ |
| 2021 | 214 | $14.8M | $409K | $2,015 | 0.47% | Not published | Form 5500 ↗ |
Other Utilities & Industries Management plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Colonial Sand & Stone Co Inc & Subsidiary Companies Pension Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Plan type and status | Pension (defined benefit) · Terminated (final filing) | Form 5500 ↗ |
Common questions
Does Utilities & Industries Management match 401(k) contributions?
The match terms for the 401(k) Plan for Ees of Utilities & Industries Mgt. Corp. & Affiliates have not been published from its filing yet. The plan year 2024 filing reports $520K in employer contributions, about $2,113 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Utilities & Industries Management 401(k) match vested?
The vesting schedule for the 401(k) Plan for Ees of Utilities & Industries Mgt. Corp. & Affiliates is not in the data published so far. Your Summary Plan Description states it.
Who manages the Utilities & Industries Management 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Co. The plan administrator is Utilities & Industries Management Corp.
I left Utilities & Industries Management. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Utilities & Industries Management Corp, (212) 396-1076) or the recordkeeper, Principal Life Insurance Co. The Utilities & Industries Management old 401(k) page lists the contacts from every plan filing. Find an old Utilities & Industries Management 401(k)
Data from the public Form 5500 annual reports Utilities & Industries Management filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Utilities & Industries Management. Not financial advice. Report a correction · Methodology