Plan Snapshot
- Plan Sponsor: National Underground Group, INC.
- Sponsor EIN: 474061642
- Sponsor Address: 23311 MADERO, MISSION VIEJO, CA, 92691
- Plan Type: 401(k)
- Total Participants: 675
- Total Assets: $35.7M
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 | 675 | $35.7M | $711,771 | $2.3M |
| 2023 | 674 | $34.5M | $904,803 | $2.7M |
| 2022 | 753 | $30.7M | $823,602 | $2.6M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $56,091 | — | $56,091 |
| MORGAN STANLEY SMITH BARNEY LLC | Investment Advisor | $49,653 | — | $49,653 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- MORGAN STANLEY SMITH BARNEY LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $105,744
- Estimated Expense Ratio: 0.296% 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 | $105,744 | $49,653 | $300 | — | — |
| 2023 | $107,425 | $27,037 | — | — | — |
| 2022 | $126,509 | — | — | — | — |