Plan Snapshot
- Plan Sponsor: United Claim Solutions, LLC
- Sponsor EIN: 815130313
- Sponsor Address: 100 W MATSONFORD RD BLDG 5 STE 444, WAYNE, PA, 190874559
- Plan Type: 401(k)
- Total Participants: 528
- Total Assets: $13.5M
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 | 528 | $13.5M | $997,897 | $2.0M |
| 2023 | 299 | $9.1M | $637,123 | $1.3M |
| 2022 | 213 | $7.4M | $402,068 | $835,980 |
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 | $30,688 | — | $30,688 |
| MARINER WEALTH ADVISORS | INVESTMENT ADVISORY | $21,302 | $10 | $21,312 |
| RSM US LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $52,000
- Estimated Expense Ratio: 0.386% 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 | $53,855 | $23,167 | $30,688 | — | — |
| 2023 | $54,318 | $25,215 | $29,103 | — | — |
| 2022 | $43,222 | $21,302 | $21,920 | — | — |