Ulbrich Stainless Steels & Special Metals, Inc. 401(k) Review & Grade
Ulbrich Plus Savings and Retirement Plan
Wallingford, CTManufacturing594 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$5,283Employer $ per active participant
$8,833Employee $ saved per active participant
0.02%Direct admin cost, % of plan assets
$131.3MNet plan assets, end of year
$183,419Average balance per account
Score breakdown
- Employer generosity42.2 / 5084th percentile for employer $ per participant
- Low cost24.0 / 2596th percentile for low admin cost vs. same-size plans
- Employee saving12.8 / 1585th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score79 / 100 · Grade A
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 84th |
| Lower admin cost | 96th |
| Employee saving | 85th |
| Peers that auto-enroll | 59% |
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
Late deposits: the filing says some employee contributions were not sent to the plan on time ($219,500 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
What to do if you're in this plan
- Ulbrich Stainless Steels & Special Metals put in about $5,283 per active participant, more than the typical peer ($2,320). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- 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.
- 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 | $3,141,016 |
| Participant (employee) contributions | $5,251,356 |
| Other contributions (incl. rollovers in) | $993,912 |
| Administrative expenses paid from the plan | $22,632 |
| Investment advisory & management fees | $5,717 |
| Other admin expenses | $16,915 |
| Benefits paid out | $12,356,793 |
| Net assets, start / end of year | $120.8M / $131.3M |
| Active participants, start / end of year | 594 / 595 |
| Participants with account balances | 716 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Meyers Brothers Kalicka, P.C. |
Largest service providers (Schedule C)
| T Rowe Price RPS Inc | $12,801 reported compensation |
| Charles Schwab & Co. Inc. | $114 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251007072855NAL0007661968001, received 2025-10-07, EIN 06-0706390, plan #004, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.