Plan Snapshot
- Plan Sponsor: Unicon, INC.
- Sponsor EIN: 860731129
- Sponsor Address: 5155 EAST EAGLE DRIVE, SUITE 21899, MESA, AZ, 85215
- Plan Type: 401(k)
- Total Participants: 93
- Total Assets: $25.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 93 | $25.9M | $408,647 | $1.0M |
| 2023 | 97 | $23.4M | $403,212 | $978,467 |
| 2022 | 97 | $20.8M | $400,211 | $944,995 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $28,861 | — | $28,861 |
| THE HAYS FINANCIAL GROUP, LLC | Investment Advisor | $22,500 | — | $22,500 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $7,326 | — | $7,326 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $58,687
- Estimated Expense Ratio: 0.227% 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 | $58,687 | $29,826 | — | — | — |
| 2023 | $50,831 | $29,047 | — | — | — |
| 2022 | $52,722 | $28,283 | $24,439 | — | — |