Plan Snapshot
- Plan Sponsor: Metro Tech Holdings, LLC D/B/A Degree One
- Sponsor EIN: 364884466
- Sponsor Address: 1827 WALDEN OFFICE SQUARE, SCHAUMBURG, IL, 60173
- Plan Type: 401(k)
- Total Participants: 0
- Total Assets: $0
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 0 | $0 | $0 | $0 |
| 2023 | 209 | $16.3M | $556,253 | $1.2M |
| 2022 | 487 | $14.9M | $1.2M | $1.8M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $130,794 | — | $130,794 |
| ALLIANT INSURANCE SERVICES, INC. | Recordkeeper | $72,286 | $21,244 | $93,530 |
| UBS FINANCIAL SERVICES INC. | Investment Advisor | $75,638 | $1,606 | $77,244 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UBS FINANCIAL SERVICES INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $301,568
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 | — | — | — | — | — |
| 2023 | $139,359 | — | $101,540 | — | — |
| 2022 | $117,835 | — | $117,835 | — | — |