Plan Snapshot
- Plan Sponsor: Ultrafab, INC.
- Sponsor EIN: 160984733
- Sponsor Address: 1050 HOOK RD, FARMINGTON, NY, 14425
- Plan Type: 401(k)
- Total Participants: 270
- Total Assets: $24.4M
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 | 270 | $24.4M | $451,368 | $1.1M |
| 2023 | 280 | $21.9M | $429,157 | $1.1M |
| 2022 | 290 | $19.0M | $438,102 | $1.2M |
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 |
|---|---|---|---|---|
| CANANDAIGUA NATIONAL BANK AND TRUST | NONE | $86,268 | — | $86,268 |
| DAVIE KAPLAN, CPA | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DAVIE KAPLAN, CPA — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $86,268
- Estimated Expense Ratio: 0.354% 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 | $86,268 | — | — | — | — |
| 2023 | $74,422 | — | — | — | — |
| 2022 | $74,030 | — | — | — | — |