Back to filter
Original filing (PDF)20251010120818NAL0018471970001
USIC, LLC
Form 5500
FILING_RECEIVED
USIC 401(K) SAVINGS PLAN
401(k) retirement plan
Signals · 1
No recordkeeper disclosed
Active participants
11,502
Accounts w/ balance
6,156
Plan assets (EOY)
$206.7M
Net assets (EOY)
$206.7M
How this plan invests
This plan
15 pooled trusts
Schedule D
28 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
86
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
65
Vendor stack
80
Participation health
80
Knocking points off
- 23 bps in Schedule C fees — 133% above peer band of 10 bps.
- No recordkeeper disclosed on Schedule C.
- 54% balance-to-active ratio — below typical for a healthy 401(k).
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for USIC, LLC.
Plan sponsor
Name
USIC, LLC
EIN
26-2212803
Address
9045 NORTH RIVER ROAD · SUITE 200 · INDIANAPOLIS, IN · 46240
Phone
(317) 575-7891
Industry
Utilitiessee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
002
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-10
Pension benefit codes
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
3H · Sponsor in controlled / affiliated group
Audit & trust (Schedule H)
Auditor
FORVIS MAZARS, LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
2 rowsTPA / Administrator
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | 42-0127290 | — | CONTRACT ADMINISTRATOR | $483K | — |
Other
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| MORNINGSTAR INVESTMENT MANAGEMENT L | 36-4317381 | — | INV ADV, PARTICIPANTS | $0 | — |
Investments
27 direct securities · 15 pooled funds· $361.5M(100% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Uncategorized
$192.9M
26 holdings
Common Collective Trust
$167.1M
14 holdings
Mutual Funds
$1.5M
1 holding
Pooled Separate Account
$0
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Vanguard Target Retirement 2035 Account 479,574 units | — | — | $480K | $25.9M | 12.5% | |
| VGD TRGT RTMT 2035 TRUST II VANGUARD GROUP · EIN 90-6083976 / PN 001 | Common Collective Trust | — | — | $25.9M | 12.5% | |
| Vanguard Target Retirement 2040 Account 415,935 units | — | — | $416K | $24.1M | 11.6% | |
| VGD TRGT RTMT 2040 TRUST II VANGUARD GROUP · EIN 90-6083974 / PN 001 | Common Collective Trust | — | — | $24.1M | 11.6% | |
| Vanguard Target Retirement 2030 Account 468,571 units | — | — | $469K | $23.9M | 11.6% | |
| VGD TRGT RTMT 2030 TRUST II VANGUARD GROUP · EIN 90-6083978 / PN 001 | Common Collective Trust | — | — | $23.9M | 11.6% | |
| Vanguard Target Retirement 2045 Account 307,556 units | — | — | $308K | $18.6M | 9.0% | |
| VGD TRGT RTMT 2045 TRUST II VANGUARD GROUP · EIN 90-6083972 / PN 001 | Common Collective Trust | — | — | $18.6M | 9.0% | |
| Vanguard Target Retirement 2050 Account 263,391 units | — | — | $263K | $16.2M | 7.9% | |
| VGD TRGT RTMT 2050 TRUST II VANGUARD GROUP · EIN 90-6083970 / PN 001 | Common Collective Trust | — | — | $16.2M | 7.9% | |
| Vanguard Target Retirement 2025 Account 278,917 units | — | — | $279K | $13.8M | 6.7% | |
| VGD TRGT RTMT 2025 TRUST II VANGUARD GROUP · EIN 90-6083980 / PN 001 | Common Collective Trust | — | — | $13.8M | 6.7% | |
| Vanguard Target Retirement 2055 Account 156,639 units | — | — | $157K | $12.9M | 6.3% | |
| VGD TRGT RTMT 2055 TRUST II VANGUARD GROUP · EIN 27-6715091 / PN 001 | Common Collective Trust | — | — | $12.9M | 6.3% | |
| PRIN/BR S&P 500 INDEX CIT N SEI TRUST COMPANY · EIN 94-3224211 / PN 001 | Common Collective Trust | — | $38K | $10.2M | 4.9% | |
| Vanguard Target Retirement 2060 Account 126,092 units | — | — | $126K | $8.2M | 4.0% | |
| VGD TRGT RTMT 2060 TRUST II VANGUARD GROUP · EIN 45-3799419 / PN 001 | Common Collective Trust | — | — | $8.2M | 4.0% | |
| JP Morgan Large Cap Growth R6 Fund 84,989 shares | — | — | $85K | $7.1M | 3.4% | |
| Maturing May 2025 to February 2055 | — | — | — | $6.9M | 3.3% | |
| Collective Investment Trusts Vanguard Target Retirement 2020 Account 101,351 units | — | — | $101K | $4.8M | 2.3% | |
| VGD TRGT RTMT 2020 TRUST II VANGUARD GROUP · EIN 90-6083982 / PN 001 | Common Collective Trust | — | — | $4.8M | 2.3% | |
| Reliance MetLife Stable Value Account 22,186 units | — | — | $22K | $3.9M | 1.9% | |
| METLIFE SV FD SER 25053 CL 0 RELIANCE TRUST COMPANY · EIN 46-6625485 / PN 001 | Common Collective Trust | — | — | $3.9M | 1.9% | |
| Vanguard Total International Stock Index Fund Admiral 103,833 shares | — | — | $104K | $3.3M | 1.6% | |
| Fidelity Advisor Small Cap Growth Fund 85,365 shares | — | — | $85K | $2.9M | 1.4% | |
| Vanguard Target Retirement 2065 Account 70,775 units | — | — | $71K | $2.8M | 1.4% | |
| VGD TRGT RTMT 2065 TRUST II VANGUARD FIDUCIARY TRUST COMPANY · EIN 82-6194314 / PN 001 | Common Collective Trust | — | — | $2.8M | 1.4% | |
| Dodge & Cox Income Fund 223,417 shares | — | — | $223K | $2.8M | 1.3% | |
| Vanguard Mid Cap Index Fund Admiral 8,281 shares | — | — | $8K | $2.7M | 1.3% | |
| Vanguard Windsor II Fund Admiral 28,944 shares | — | — | $29K | $2.3M | 1.1% | |
| Vanguard Small Cap Index Fund Admiral 18,157 shares | — | — | $18K | $2.1M | 1.0% | |
| BlackRock High Yield Bond Fund K 255,829 shares | — | — | $256K | $1.8M | 0.9% | |
| American Funds EuroPacific Growth Fund R6 28,082 shares | Mutual Funds | — | $28K | $1.5M | 0.7% | |
| Vanguard Target Retirement Income Account 29,356 units | — | — | $29K | $1.3M | 0.6% | |
| VGD TRGT RTMT INC TRUST II VANGUARD GROUP · EIN 90-6083967 / PN 001 | Common Collective Trust | — | — | $1.3M | 0.6% | |
| Vanguard Mid-Cap Growth Index Admiral Fund 11,702 shares | — | — | $12K | $1.3M | 0.6% | |
| PIMCO Real Return Institutional Fund 105,140 shares | — | — | $105K | $1.0M | 0.5% | |
| Victory Sycamore Established Value Fund 21,764 shares | — | — | $22K | $1.0M | 0.5% | |
| DFA US Targeted Value Fund I 25,728 shares | — | — | $26K | $884K | 0.4% | |
| Vanguard Target Retirement 2070 Account 15,067 units | — | — | $15K | $369K | 0.2% | |
| VGD TRGT RTMT 2070 TRUST II VANGUARD FIDUCIARY TRUST COMPANY · EIN 87-7039453 / PN 001 | Common Collective Trust | — | — | $369K | 0.2% | |
| PRIN MIDCAP GROWTH SEP ACCT-Z PRINCIPAL LIFE INSURANCE COMPANY · EIN 42-0127290 / PN 021 | Pooled Separate Account | — | — | $0 | <0.1% |
Related plans
Other plans using PRINCIPAL LIFE INSURANCE COMPANY
BOARD OF TRUSTEES OF THE I.A.M. NATIONAL PENSION FUND
IAM NATIONAL PENSION FUND
$15.0B · 102,863 participants
CHEVRON CORPORATION
CHEVRON MASTER PENSION TRUST
$12.2B
AMERICAN EXPRESS COMPANY AND ITS PARTICIPATING SUBSIDIARIES
AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
$9.1B · 25,049 participants
LOWE'S COMPANIES, INC.
LOWES 401(K) PLAN
$8.6B · 263,650 participants
HDR, INC.
HDR, INC. BEST PLAN AND ESOP
$7.7B · 12,137 participants
BURNS & MCDONNELL, INC
BURNS & MCDONNELL, INC. EMPLOYEE STOCK OWNERSHIP PLAN
$5.5B · 10,567 participants
Similar-size Utilities plans
GOLDEN STATE WATER COMPANY
GOLDEN STATE WATER COMPANY INVESTMENT INCENTIVE PROGRAM
$209.7M · 834 participants
WESTERN OILFIELDS SUPPLY COMPANY
WESTERN OILFIELDS SUPPLY COMPANY 401(K)/PROFIT SHARING PLAN
$216.0M · 1,523 participants
GOLDEN STATE WATER COMPANY
GOLDEN STATE WATER COMPANY PENSION PLAN
$220.7M · 179 participants
SAN JOSE WATER COMPANY
RETIREMENT PLAN OF SAN JOSE WATER COMPANY
$225.5M · 491 participants
AMERICAN WATER WORKS COMPANY, INC.
GROUP INSURANCE PLAN FOR RETIRED EMPLOYEES OF AMERICAN WATER WORKS CO., INC. & ITS DESIGNATED SUBSIDIARIES & AFFILIATES
$251.5M
AQUARION COMPANY
RETIREMENT PLAN FOR EMPLOYEES OF AQUARION COMPANY
$151.1M · 115 participants
Large plans in Indiana
ELI LILLY AND COMPANY
LILLY SAVINGS PLAN MASTER TRUST FUND B
$13.5B
ELI LILLY AND COMPANY
THE LILLY EMPLOYEE 401(K) PLAN
$13.1B · 21,803 participants
ELI LILLY AND COMPANY
THE LILLY RETIREMENT PLAN MASTER TRUST
$12.1B
ATH HOLDING COMPANY, LLC
ELEVANCE HEALTH 401(K) PLAN
$12.1B · 71,880 participants
ATH HOLDING COMPANY, LLC
ELEVANCE HEALTH DEFINED CONTRIBUTION MASTER TRUST
$11.9B
ELI LILLY AND COMPANY
THE LILLY RETIREMENT PLAN
$11.8B · 21,629 participants