A universal ring and plate assembly is disclosed for use with an electrical or utility box. The universal ring and plate design can achieve any finish wall thickness by stacking plates and securing them to the universal ring, even after the drywall, tile, stone and/or other wall materials have been installed. The universal ring and plate simplifies the current installation process, eliminates the need for the multiple different depth rings, and accommodates all changes to the finished wall thickness by the owner, architect or builder, without having to tear down portions of the finished wall.