Plan Snapshot
- Plan Sponsor: Unilock New York, INC.
- Sponsor EIN: 980103212
- Sponsor Address: 51 INTERNATIONAL BLVD., BREWSTER, NY, 10509
- Plan Type: 401(k)
- Total Participants: 107
- Total Assets: $23.6M
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 | 107 | $23.6M | $768,735 | $818,234 |
| 2023 | 104 | $21.1M | $898,523 | $765,545 |
| 2022 | 132 | $17.3M | $1.1M | $779,382 |
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 | CONTRACT ADMINISTRATOR | $17,296 | — | $17,296 |
| LAWLEY RETIREMENT ADVISORS | INVESTMENT ADVISORY | $11,136 | — | $11,136 |
| ACTUARIAL BENEFITS CORP. | OTHER SERVICES | — | $5,249 | $5,249 |
| LVBW LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LVBW LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $33,681
- Estimated Expense Ratio: 0.143% 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 | $29,295 | $11,136 | $17,296 | — | — |
| 2023 | $29,307 | — | $25,678 | — | — |
| 2022 | — | — | — | — | — |