Plan Snapshot
- Plan Sponsor: Bullen Ultrasonics, INC.
- Sponsor EIN: 310804159
- Sponsor Address: 1301 MILLER WILLIAM ROAD, EATON, OH, 45320
- Plan Type: 401(k)
- Total Participants: 123
- Total Assets: $13.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 123 | $13.5M | $345,131 | $753,814 |
| 2023 | 136 | $12.3M | $314,153 | $711,208 |
| 2022 | 135 | $10.7M | $380,420 | $694,507 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| USI ADVISORS INC | ADVISOR | $32,321 | — | $32,321 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $11,742 | — | $11,742 |
| BRIXEY & MEYER | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- BRIXEY & MEYER — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $44,063
- Estimated Expense Ratio: 0.326% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $46,700 | $34,958 | — | — | — |
| 2023 | $44,155 | $30,489 | — | — | — |
| 2022 | $45,066 | $2,915 | — | — | — |