Skip to content
Grade My 401(k)
Built by Basic Capital
1 issue

US Data Management, LLC DBA Usdm Life Sciences

77-0543352· Santa Barbara, CA· Principal· 2025 filing· vs 13,588 plans your size in your industry
B
0/100
Overall grade

Solid plan with a few things to improve.

C
Fees
B
Financial Wellness
C
Plan design
B
Compliance
Fees

Your plan pays around 34 bps of assets per year. Similar plans pay around 25 bps. Your plan is pricier than most similar plans.

C
cheaper63th percentilepricier
Financial Wellness

Strong savings. Employees put away $11,389/employee a year. That's more than 84% of similar plans.

B
lower84th percentilehigher
Plan design

The employer contributes through profit sharing rather than a standard match.

C
Employer contributes via profit sharing
No standard match, but the employer puts money in through profit sharing. Often a flat percentage to everyone, which works like a match for employees.
Automatic enrollment
New hires are enrolled by default. Plans with auto-enroll see much higher participation.
Safe harbor not reported
The filing does not establish whether this plan uses a safe harbor design, so it does not affect the grade.
Default investment (QDIA)
Employees who never pick investments land in a sensible default, usually a target-date fund, instead of cash.
No brokerage window
Employees can only invest through the plan's core fund menu. A brokerage window opens the wider market for people who want more control.
Compliance & health

1 item to review, nothing critical.

B
Fidelity bond below 10% of BOY assets, ERISA 412 violation
The reported ERISA fidelity bond is below the 10%-of-assets guideline based on beginning-of-year assets. Fast-growing plans can look under-bonded on paper; confirm against the plan's current bond coverage.
Compare

How does US Data Management, LLC DBA Usdm Life Sciences stack up against another company?

Search a competitor to see the two report cards side by side.

Prefer to use your EIN?

Recordkeeper
Principal

No provider notes available.

Key insights

  • Strongest area: compliance & health. 1 item to review, nothing critical.
  • Best place to improve: fees. Your plan pays around 34 bps of assets per year. Similar plans pay around 25 bps. Your plan is pricier than most similar plans.
Ask about your plan
Grounded in your Form 5500 data
Live

Try asking:

Shift+Enter for new line · Enter to send