Plan Snapshot
- Plan Sponsor: Union Special LLC
- Sponsor EIN: 262167565
- Sponsor Address: 1 UNION SPECIAL PLZ, HUNTLEY, IL, 601427007
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 90
- Total Assets: $12.0M
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. |
|---|---|---|---|---|
| 2025 | 90 | $12.0M | $17,393 | $272,165 |
| 2024 | 81 | $11.2M | $13,699 | $309,892 |
| 2023 | 84 | $11.1M | $14,246 | $308,395 |
| 2022 | 90 | $10.9M | $16,419 | $333,381 |
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 |
|---|---|---|---|---|
| FAIRHAVEN WEALTH MANAGEMENT, LLC | Investment Advisor | $28,243 | $13 | $28,256 |
| FORV/S MAZARS | Other Service Provider | $15,855 | $1,100 | $16,955 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $45,211
- Estimated Expense Ratio: 0.378% 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 |
|---|---|---|---|---|---|
| 2025 | $1,008,299 | — | — | — | — |
| 2024 | $50,036 | $30,778 | $3,404 | $15,854 | — |
| 2023 | $54,724 | $26,870 | $12,045 | $15,809 | — |
| 2022 | $68,082 | $30,800 | $19,801 | — | $17,481 |