Plan Snapshot
- Plan Sponsor: Ufp Technologies, INC.
- Sponsor EIN: 042314970
- Sponsor Address: 100 HALE STREET, NEWBURYPORT, MA, 01950
- Plan Type: 401(k)
- Total Participants: 939
- Total Assets: $56.2M
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 | 939 | $56.2M | $1.4M | $2.9M |
| 2023 | 968 | $52.0M | $1.3M | $2.7M |
| 2022 | 772 | $40.5M | $529,570 | $2.0M |
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 |
|---|---|---|---|---|
| CARON & BLETZER, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CARON & BLETZER, PLLC — Auditor
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 | $201,200 | $49,681 | $148,419 | — | — |
| 2023 | $187,891 | $62,610 | $119,343 | — | — |
| 2022 | $178,363 | — | — | — | — |