Plan Snapshot
- Plan Sponsor: United Audit Systems INC.
- Sponsor EIN: 311166780
- Sponsor Address: 1924 DANA AVENUE, CINCINNATI, OH, 45207
- Plan Type: 401(k)
- Total Participants: 466
- Total Assets: $25.6M
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 | 466 | $25.6M | $232,921 | $2.2M |
| 2023 | 396 | $23.6M | $216,589 | $2.2M |
| 2022 | 375 | $21.9M | $143,895 | $2.1M |
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 | $66,872 | — | $66,872 |
| AVANTAX INSURANCE AGENCY LLC | Other Service Provider | — | $35,717 | $35,717 |
| BURKE & SCHINDLER PLL | Recordkeeper | $7,550 | $8,984 | $16,534 |
| AVANTAX INVESTMENT SERVICES INC. | Other Service Provider | — | $9,212 | $9,212 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $128,335
- Estimated Expense Ratio: 0.501% 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 | $115,408 | — | $115,408 | — | — |
| 2023 | $101,444 | — | $101,444 | — | — |
| 2022 | $99,139 | — | $96,609 | — | — |