Plan Snapshot
- Plan Sponsor: Ub Foundation Activities, INC.
- Sponsor EIN: 161372561
- Sponsor Address: PO BOX 900, BUFFALO, NY, 14226
- Plan Type: 403(b)
- Total Participants: 418
- Total Assets: $114.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 418 | $114.6M | $1.8M | $2.1M |
| 2023 | 430 | $105.0M | $1.7M | $2.4M |
| 2022 | 426 | $92.9M | $2.0M | $1.5M |
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 |
|---|---|---|---|---|
| FREED MAXICK, P.C. | Auditor | $16,700 | — | $16,700 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $16,700
- Estimated Expense Ratio: 0.015% 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 | $130,026 | $9,848 | $181 | $16,700 | — |
| 2023 | $114,189 | $9,561 | $3,172 | $15,950 | — |
| 2022 | $130,923 | $27,578 | — | — | $15,200 |