401(k) · DOL Form 5500 · 2023
Universal Technical Institute, Inc. 401(k) Plan
Data updated 2026-05-15
- $159M
- Total assets
- 1,975
- Participants
- 94th
- Percentile by assets
- $80,511
- Avg per participant
Sponsored by Universal Technical Institute, Inc. · Arizona · Educational Services
What the 2023 filing shows
Universal Technical Institute, Inc. 401(k) Plan holds $159M for 1,975 participants - about $80,511 per participant, in the top 10% of all filed plans by assets, up 41.5% over the 2023 plan year.
- $159M
- total plan assets (2023 EOY)
- 1,975
- covered participants
- 94th
- percentile by assets (of 126,618 plans)
- $80,511
- avg assets per participant
401(k) · DOL Form 5500 · 2023
What the Filing Says About Universal Technical Institute, Inc. 401(k) Plan
Universal Technical Institute, Inc. 401(k) Plan is a 401(k) retirement plan sponsored by Universal Technical Institute, Inc., headquartered in Arizona. According to the U.S. Department of Labor's 2023 Form 5500 filing, the plan reports $159M in total end-of-year assets and covers 1,975 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 860891201, and the plan has been effective since 1991-08-01. Its filing status is currently FILING RECEIVED.
Year over year, total assets surged from $112M at the beginning of 2023 to $159M at year-end - up 41.5%. Net assets (after liabilities) closed the year at $159M, with reported net income of $47M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 1 prior plan-year filing from the same sponsor shown below.
Across the 2 plan years Universal Technical Institute, Inc. has on file with PlainRetire (2022-2023), sponsor-wide plan assets have moved from $112M to $159M, a gain of 41.5%, while reported participants moved from 1,085 to 1,975 (+82.0%). Year-by-year, sponsor-wide filings show: 2022 - $112M in assets across 1 plan covering 1,085 participants; 2023 - $159M in assets across 1 plan covering 1,975 participants.
By assets, Universal Technical Institute, Inc. 401(k) Plan outranks 94% of the 126,618 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.6x the national average plan size of $100M and 730 average participants.
Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.
How the percentile is calculated: we count every plan that filed a 2023 Form 5500 with a reported end-of-year asset figure (126,618 plans), rank Universal Technical Institute, Inc. 401(k) Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.
Financial Summary (2023)
| Total Assets (Beginning of Year) | $112M |
|---|---|
| Total Assets (End of Year) | $159M |
| Net Assets (End of Year) | $159M |
| Net Income | $47M |
| Plan Type | 401(k) |
| Employer EIN | 860891201 |
| Plan Effective Date | 1991-08-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Universal Technical Institute, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,085 | $112M |
| 2023 | 1 | 1,975 | $159M |
Nearby 401(k) Plans in Arizona
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Bechtel Trust & Thrift Plan $5.7B · 7,448
- Banner Health Employees 401(k) Plan $4.3B · 52,452
- Republic Services, Inc. 401(k) Plan $2.4B · 28,131
- Freeport-Mcmoran Inc. Employee Capital Accumulation Program $2.3B · 13,105
- Stantec 401(k) Plan $2.0B · 10,719
Frequently Asked Questions
How much money is in the Universal Technical Institute, Inc. 401(k) Plan? ▼
What type of plan is Universal Technical Institute, Inc. 401(k) Plan? ▼
Who sponsors the Universal Technical Institute, Inc. 401(k) Plan? ▼
How did Universal Technical Institute, Inc. 401(k) Plan perform in 2023? ▼
What this filing means
Ways to act on Universal Technical Institute, Inc. 401(k) Plan's numbers.
- By total assets, Universal Technical Institute, Inc. 401(k) Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Arizona. Compare plans
- Universal Technical Institute, Inc.'s sponsor-wide assets have grown 41.5% since 2022 across 2 plan years on file. More Educational Services plans
- A 401(k) plan works differently from other retirement plan types, understand the structural differences before comparing. Compare plan types
Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.
Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 860891201.
Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.
Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.
Read our methodology - how this data is sourced, computed, and verified.
Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.