Uct, Inc. Employee Benefit Plan — Form 5500 plan (Uct, Inc)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Uct, Inc. Employee Benefit Plan is a benefit plan reported by Uct, Inc under EIN 23-2532422 and plan number 501. The latest loaded filing year is 2023. The filing reports 52 participants and $28,566 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)-$195.2KPlan net assets, end of year-$195,181
Participants52Covered participants reported
Assets / participant$549Computed: assets ÷ participants$549 (computed)
Provider compensation$46.1K4 Schedule C provider row(s)$46,119
Plan sponsor
Uct, Inc
EIN
23-2532422
Plan number
501
Plan type
2
Location
Bristol, PA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202352I, C20250131130030NAL0001333443001
Schedule I · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$28.6K total assets
Net assets-$195.2KLiabilities$223.7K
Money in vs. money out
Total income / additions$699.5K
Total expenses$896.5K
Benefits paid / distributions$613.9K
Contributions
Employer$551.1K
Participant$146.4K
Full reported line items

Net assets

Total assets (EOY)
$28,566
Total liabilities (EOY)
$223,747
Net assets (EOY)
-$195,181
Net assets (BOY)
$1,734

Income & contributions

Employer contributions
$551,140
Participant contributions
$146,419
Total income / additions
$699,549

Expenses & distributions

Benefits paid
$613,863
Administrative expenses
$6,491
Total expenses
$896,464
Net increase / (decrease)
-$196,915
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 79%Participant 21%
Benefits paid ÷ total income88%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Employee Benefits Consultants LLCBROKER$19,230not reported in the loaded dataset2023
The Benecon Group, LLCBROKER$16,898not reported in the loaded dataset2023
Meritain Health, An Aetna CompanyADMIN$6,491not reported in the loaded dataset2023
Connectcare3OTHER$3,500not reported in the loaded dataset2023

Related Form 5500 pages