401(k) · DOL Form 5500 · 2023

University Development Corp 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
609
Participants Below avg headcount
34th
Percentile by assets National rank
$4,331
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Udc 401(k) Plan · Sponsored by University Development Corp · Louisiana · Real Estate

$3M in assets, 609 participants

University Development Corp's Udc 401(k) Plan reported $3M in total assets and 609 participants in its 2023 DOL Form 5500 filing, ranking in the 34th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #2,542 in Real Estate (4,727 peers)

Real Estate sector rank

Within Real Estate, Udc 401(k) Plan ranks #2,542 of 4,727 2023 filers by assets (985% of the sector average)-$3M for 609 participants.

#2,542
in Real Estate (4,727 peers)
-29.7%
assets change YoY

Udc 401(k) Plan's mid-pack asset rank among Real Estate and all filers

Udc 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$2,637,338 34th percentile higher than 34% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Udc 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Udc 401(k) Plan sits mid-pack in the medium band (609 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Udc 401(k) Plan reported net income rose from -$132K in the plan year 2022 filing to $221K in the plan year 2023 filing.
  • Udc 401(k) Plan end-of-year assets fell from $4M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Udc 401(k) Plan reported participants fell from 780 in the plan year 2022 filing to 609 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 721027314 · University Development Corp PY 2023 · 401(k)

Udc 401(k) Plan · $3M · 609 · 34th

  • EBSA $3M
  • EBSA 609
  • EBSA 34th
  • EBSA 401(k)
  • EBSA near Center for New York City Neighborhoods 401(k) Profit Sharing Plan & Trust
  • EBSA ind #2542

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Real Estate retirement plans → · Plans in Louisiana →

Udc 401(k) Plan in the asset neighbourhood

Udc 401(k) Plan$3MCenter for New York City Neighborhoods 401(k) Profit Sharing Plan & TrustCenter for New York City Nei…$3MAuto Mall 46, Inc. 401(k) PlanAuto Mall 46, Inc. 401(k) Pl…$3MInnovative Lighting Sales, Inc. 401-K Profit Sharing PlanInnovative Lighting Sales, I…$3MMar-Vel Tool Company Inc 401(k) PlanMar-Vel Tool Company Inc 401…$3M
End-of-year total assets ($M) among Udc 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Real Estate filing particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$3M
Net Income$221K
Employer EIN721027314
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (University Development Corp)

Sponsor-wide plan assets over time

All University Development Corp plans reported in each filing year

Latest sponsor-wide plan assets
$3M 17.223276479816573% vs 2022
2024 filing year
$2.5M$3M$3.5M$4M 202220232024 $3.75M $3.11M ▼ -17.1%
Year Plans Participants Total Assets
2022 1 780 $4M
2023 1 609 $3M
2024 1 957 $3M

Nearby 401(k) Plans in Louisiana

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Udc 401(k) Plan vs. nearby 401(k) plans in Louisiana, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -202468 Total assets ($B) Participants Udc 401(k) Plan, Total assets ($B): 0.002637338 · Participants: 609Udc 401(k) PlanLumen 401(k) Savings Plan, Total assets ($B): 7.140330247 · Participants: 24522Lumen 401(k) Savings PlanSavings Plan of Entergy Corporation and Subsidiaries, Total assets ($B): 3.827701341 · Participants: 10136Savings Plan of Entergy Corporation and SubsidiariesOchsner Clinic Foundation 401(k) Plan, Total assets ($B): 2.304723514 · Participants: 31221Ochsner Clinic Foundation 401(k) PlanLouisiana Children's Medical Center Retirement and Savings Plan, Total assets ($B): 0.866658906 · Participants: 12934Louisiana Children's Medical Center Retirement and Savings PlanAmedisys Holding, LLC 401(k) Plan, Total assets ($B): 0.849210896 · Participants: 20100Amedisys Holding, LLC 401(k) Plan
Udc 401(k) Plan vs. nearby 401(k) plans in Louisiana, assets vs. participants

Udc 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Louisiana, the nearest 401(k) by assets is Center for New York City Neighborhoods 401(k) Profit Sharing Plan & Trust in NY ($3M); by covered participants it is Bwi Companies, Inc. 401(k) Plan in TX (609 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (609 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Udc 401(k) Plan assets move in 2023?
Udc 401(k) Plan declined sharply - down 29.7% during 2023, from $4M to $3M. Reported net income was $221K.
How have University Development Corp plan assets changed over time?
Across 3 plan years on file (2022-2024), University Development Corp's sponsor-wide assets declined 17.2%, from $4M to $3M.
Which 401(k) plans are similar in size to Udc 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Center for New York City Neighborhoods 401(k) Profit Sharing Plan & Trust in NY ($3M, 94 participants).
Which 401(k) plans cover a similar participant headcount to Udc 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Bwi Companies, Inc. 401(k) Plan in TX (609 participants, $64M in assets).