Plan Snapshot
- Plan Sponsor: Unified Business Technologies INC.
- Sponsor EIN: 383399677
- Sponsor Address: 353 INDUSCO COURT, TROY, MI, 48083
- Plan Type: 401(k)
- Total Participants: 236
- Total Assets: $8.1M
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 | 236 | $8.1M | $428,917 | $962,774 |
| 2023 | 274 | $7.5M | $544,650 | $1.0M |
| 2022 | 280 | $5.2M | $645,543 | $1.0M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $86,443 | — | $86,443 |
| THE MANDMARBLESTONE GROUP LLC | Recordkeeper | $17,800 | $2,969 | $20,769 |
| LPL FINANCIAL LLC | Recordkeeper | — | $14,789 | $14,789 |
| S B H U LIFE AGENCY INC. | Investment Advisor | — | $5,993 | $5,993 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LPL FINANCIAL LLC — Recordkeeper
- S B H U LIFE AGENCY INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $127,994
- Estimated Expense Ratio: 1.579% 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 | $104,146 | — | $92,196 | — | — |
| 2023 | $86,625 | — | $68,521 | — | — |
| 2022 | $69,371 | — | $51,258 | — | $18,113 |