Unitedlex Corporation 401(k) Review & Grade
Unitedlex 401(k) Plan
Overland Park, KSProfessional, Scientific & Technical Services744 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$793Employer $ per active participant
$4,921Employee $ saved per active participant
0.19%Direct admin cost, % of plan assets
$39.2MNet plan assets, end of year
$41,131Average balance per account
Score breakdown
- Employer generosity8.7 / 5017th percentile for employer $ per participant
- Low cost14.0 / 2556th percentile for low admin cost vs. same-size plans
- Employee saving3.8 / 1525th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score34 / 100 · Grade D
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 17th |
| Lower admin cost | 56th |
| Employee saving | 25th |
| Peers that auto-enroll | 48% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Corrective distributions: the plan refunded $1,226 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Unitedlex put in about $793 per active participant, below the typical peer ($3,082). 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 auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $590,339 |
| Participant (employee) contributions | $3,663,454 |
| Other contributions (incl. rollovers in) | $856,110 |
| Administrative expenses paid from the plan | $68,978 |
| Investment advisory & management fees | $7,366 |
| Benefits paid out | $5,061,436 |
| Net assets, start / end of year | $34.1M / $39.2M |
| Active participants, start / end of year | 662 / 827 |
| Participants with account balances | 954 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | The CJ Group PLLC |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $61,741 reported compensation |
| Strategic Advisors, Inc. | $7,366 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250827150843NAL0009515841001, received 2025-08-27, EIN 20-5529066, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.