United Community Bancorp, Inc. 401(k) Review & Grade
United Community Bancorp, Inc. 401(k) Plan
Chatham, ILFinance & Insurance556 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,584Employer $ per active participant
$3,075Employee $ saved per active participant
0.01%Direct admin cost, % of plan assets
$54.0MNet plan assets, end of year
$105,250Average balance per account
Score breakdown
- Employer generosity7.8 / 5016th percentile for employer $ per participant
- Low cost24.5 / 2598th percentile for low admin cost vs. same-size plans
- Employee saving1.0 / 157th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score36 / 100 · Grade D
This plan vs. peers
Peers: Finance & Insurance plans with 500–2,499 active participants (754 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 16th |
| Lower admin cost | 98th |
| Employee saving | 7th |
| Peers that auto-enroll | 62% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- United Community Bancorp put in about $1,584 per active participant, below the typical peer ($3,606). 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.
- 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 | $880,693 |
| Participant (employee) contributions | $1,709,631 |
| Other contributions (incl. rollovers in) | $300,086 |
| Administrative expenses paid from the plan | $5,062 |
| Benefits paid out | $4,843,251 |
| Net assets, start / end of year | $49.8M / $54.0M |
| Active participants, start / end of year | 563 / 549 |
| Participants with account balances | 513 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Sikich CPA LLC |
Largest service providers (Schedule C)
| Capital Group Retirement Plan Svcs. | $5,062 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250904105052NAL0009676483001, received 2025-09-04, EIN 37-1078190, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.