United Air Temp 401(k) Review & Grade
United 401(k) Profit Sharing Plan
Springfield, VAConstruction679 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,111Employer $ per active participant
$2,970Employee $ saved per active participant
0.34%Direct admin cost, % of plan assets
$35.2MNet plan assets, end of year
$67,427Average balance per account
Score breakdown
- Employer generosity18.1 / 5036th percentile for employer $ per participant
- Low cost9.1 / 2536th percentile for low admin cost vs. same-size plans
- Employee saving5.3 / 1535th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score23 / 100 · Grade F
This plan vs. peers
Peers: Construction plans with 500–2,499 active participants (498 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 36th |
| Lower admin cost | 36th |
| Employee saving | 35th |
| Peers that auto-enroll | 44% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($351,302 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $111,542 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- United Air Temp put in about $1,111 per active participant, below the typical peer ($1,672). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $754,239 |
| Participant (employee) contributions | $2,016,744 |
| Other contributions (incl. rollovers in) | $271,184 |
| Administrative expenses paid from the plan | $93,350 |
| Investment advisory & management fees | $37,785 |
| Benefits paid out | $3,299,224 |
| Net assets, start / end of year | $20.0M / $35.2M |
| Active participants, start / end of year | 344 / 1,014 |
| Participants with account balances | 522 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Uhy LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $50,042 reported compensation |
| Mma Securities | $36,405 reported compensation |
| Merrill Lynch Pierce Fenner & Smith | $619 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260706100015NAL0014770723001, received 2026-07-06, EIN 54-1245568, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.