Plan Snapshot
- Plan Sponsor: Systems Unlimited, INC.
- Sponsor EIN: 420985205
- Sponsor Address: 2533 SCOTT BOULEVARD SE, IOWA CITY, IA, 52240
- Plan Type: 401(k)
- Total Participants: 868
- Total Assets: $13.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 868 | $13.6M | $480,377 | $1.0M |
| 2023 | 821 | $11.6M | $435,836 | $883,235 |
| 2022 | 779 | $9.3M | $392,284 | $759,840 |
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 |
|---|---|---|---|---|
| FORGE FINANCIAL & MANAGEMENT CONS | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $49,709 | — | $49,709 | — | — |
| 2023 | $44,223 | $19,276 | $24,947 | — | — |
| 2022 | $33,480 | — | $33,480 | — | — |