Plan Snapshot
- Plan Sponsor: Union Joints LLC
- Sponsor EIN: 454376515
- Sponsor Address: 90 N. MAIN ST., CLARKSTON, MI, 48346
- Plan Type: 401(k)
- Total Participants: 546
- Total Assets: $9.3M
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 | 546 | $9.3M | $294,581 | $556,069 |
| 2023 | 512 | $8.5M | $317,673 | $602,582 |
| 2022 | 415 | $7.5M | $335,680 | $638,016 |
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 | $42,625 | — | $42,625 |
| THE BENEFIT ADVANTAGE | TPA | $4,096 | $15,965 | $20,061 |
| STIFEL NICOLAUS & CO INC | RIA | — | $19,169 | $19,169 |
| SHINDEL ROCK & ASSOCIATES | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STIFEL NICOLAUS & CO INC — RIA
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $81,855
- Estimated Expense Ratio: 0.878% 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 | $54,502 | $3,789 | $46,721 | — | — |
| 2023 | $65,016 | — | $8,859 | — | — |
| 2022 | $60,769 | $55,122 | $5,647 | — | — |