Plan Snapshot
- Plan Sponsor: The Urban Electric Company
- Sponsor EIN: 200106483
- Sponsor Address: 4500 LEED AVENUE, NORTH CHARLESTON, SC, 29405
- Plan Type: 401(k)
- Total Participants: 314
- Total Assets: $10.0M
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 | 314 | $10.0M | $347,456 | $909,081 |
| 2023 | 322 | $7.8M | $312,703 | $809,050 |
| 2022 | 268 | $5.6M | $264,229 | $681,186 |
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 |
|---|---|---|---|---|
| ONE DIGITAL INVESTMENT ADVISORS | INVESTMENT ADVISOR | $30,254 | — | $30,254 |
| ADVISED ASSETS GROUP | INVESTMENT MANAGEMENT | $14,239 | — | $14,239 |
| MARQUIS PENSION, LLC | TPA | — | $8,643 | $8,643 |
| DCPAS, LLC DBA DAVIS & COMPANY CPAS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DCPAS, LLC DBA DAVIS & COMPANY CPAS — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $53,136
- Estimated Expense Ratio: 0.532% 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 | $36,768 | — | $36,768 | — | — |
| 2023 | $26,259 | — | $26,259 | — | — |
| 2022 | $22,632 | — | $22,632 | — | — |