Plan Snapshot
- Plan Sponsor: U-Tec Construction, INC.
- Sponsor EIN: 582441098
- Sponsor Address: 926 RIDGEDALE DRIVE, LAWRENCEVILLE, GA, 30043
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 369
- Total Assets: $5.0M
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. |
|---|---|---|---|---|
| 2023 | 369 | $5.0M | $77,396 | $577,741 |
| 2022 | 347 | $4.0M | $72,384 | $576,186 |
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 |
|---|---|---|---|---|
| AMERITAS LIFE INSURANCE CORP | Recordkeeper | $39,203 | — | $39,203 |
| BENSOURCE EMPLOYEE BENEFITS | Other Service Provider | $22,780 | — | $22,780 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- AMERITAS LIFE INSURANCE CORP — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $61,983
- Estimated Expense Ratio: 1.238% 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 |
|---|---|---|---|---|---|
| 2023 | $65,088 | $25,886 | $24,956 | — | — |
| 2022 | $68,142 | $24,821 | $43,321 | — | — |