Plan Snapshot
- Plan Sponsor: Ultratec, INC.
- Sponsor EIN: 391357022
- Sponsor Address: 450 SCIENCE DRIVE, MADISON, WI, 537111169
- Plan Type: 401(k)
- Total Participants: 720
- Total Assets: $28.0M
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 | 720 | $28.0M | $40,815 | $1.5M |
| 2023 | 771 | $24.4M | $53,675 | $1.4M |
| 2022 | 860 | $20.3M | $52,057 | $1.6M |
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 |
|---|---|---|---|---|
| KMA, S.C. | Auditor | — | — | $0 |
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 | $9,785 | — | — | — | — |
| 2023 | $35,777 | — | — | — | — |
| 2022 | $23,494 | — | — | — | — |