Plan Snapshot
- Plan Sponsor: Ultra Electronics INC.
- Sponsor EIN: 061506005
- Sponsor Address: 115 BAY STATE DRIVE, BRAINTREE, MA, 02184
- Plan Type: 401(k)
- Total Participants: 1,813
- Total Assets: $296.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 1,813 | $296.7M | $5.8M | $14.0M |
| 2023 | 1,731 | $286.4M | $7.0M | $16.9M |
| 2022 | 1,921 | $274.9M | $6.8M | $16.1M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $150,353 | — | $150,353 |
| MERRILL LYNCH | CONSULTANT | $90,275 | — | $90,275 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $58,991 | — | $58,991 |
| CLIFTONLARSONALLEN LLP | ACCOUNTANT/AUDITOR | $24,750 | — | $24,750 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- MERRILL LYNCH — CONSULTANT
- STRATEGIC ADVISORS, INC. — ADVISOR
- CLIFTONLARSONALLEN LLP — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $324,369
- Estimated Expense Ratio: 0.109% 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 | $323,707 | $58,991 | $1,500 | $24,750 | — |
| 2023 | $522,617 | $56,228 | $300 | $28,975 | — |
| 2022 | $373,200 | $37,334 | — | — | — |