Plan Snapshot
- Plan Sponsor: Unisea, INC.
- Sponsor EIN: 910917126
- Sponsor Address: PO BOX 97019, REDMOND, WA, 980739719
- Plan Type: 401(k)
- Total Participants: 391
- Total Assets: $52.8M
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 | 391 | $52.8M | $2.1M | $2.5M |
| 2023 | 413 | $50.6M | $2.1M | $2.3M |
| 2022 | 499 | $44.9M | $1.8M | $2.0M |
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 | CONTRACT ADMINISTRATOR | $88,692 | — | $88,692 |
| CLARK NUBER, P.S. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $88,692
- Estimated Expense Ratio: 0.168% 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 | $88,692 | — | $88,692 | — | — |
| 2023 | $84,223 | — | $84,223 | — | — |
| 2022 | $92,721 | $2,147 | $90,574 | — | — |