Plan Snapshot
- Plan Sponsor: Ub Distributors, LLC
- Sponsor EIN: 113310559
- Sponsor Address: 1213-17 GRAND STREET, BROOKLYN, NY, 112111811
- Plan Type: DB
- Total Participants: 106
- Total Assets: $7.5M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 106 | $7.5M | $653,983 | $0 |
| 2023 | 105 | $6.8M | $0 | $0 |
| 2022 | 108 | $6.3M | $102,708 | $0 |
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 |
|---|---|---|---|---|
| VANGUARD ADVISORS INC. | Recordkeeper | $34,576 | — | $34,576 |
| TONNESON + CO., PC | Other Service Provider | $21,840 | — | $21,840 |
| SEY FARTH SHAW LLP | Recordkeeper | $13,018 | — | $13,018 |
| STANDARD RETIREMENT SERVICES, INC. | Recordkeeper | $10,512 | — | $10,512 |
| VANGUARD FIDUCIARY TRUST COMPANY | Recordkeeper | $6,431 | — | $6,431 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- VANGUARD ADVISORS INC. — Recordkeeper
- SEY FARTH SHAW LLP — Recordkeeper
- STANDARD RETIREMENT SERVICES, INC. — Recordkeeper
- VANGUARD FIDUCIARY TRUST COMPANY — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $86,377
- Estimated Expense Ratio: 1.156% 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 | $141,394 | $34,576 | — | $21,840 | — |
| 2023 | $120,068 | $17,171 | — | $21,356 | — |
| 2022 | $145,799 | $18,124 | — | — | $51,806 |