Plan Snapshot
- Plan Sponsor: United Cocoa Processor, INC.
- Sponsor EIN: 510342132
- Sponsor Address: 701 PENCADER DRIVE, NEWARK, DE, 19702
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 66
- Total Assets: $53,112
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 66 | $53,112 | $0 | $0 |
| 2024 | 63 | $65,576 | $495,246 | $82,505 |
| 2023 | 64 | $125,537 | $426,170 | $82,879 |
| 2022 | 71 | $27,634 | $384,062 | $75,070 |
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 |
|---|---|---|---|---|
| FAIRMONT BENEFITS, INC. | Investment Advisor | $34,734 | — | $34,734 |
| THE BENECON GROUP, LLC | Investment Advisor | $22,892 | — | $22,892 |
| HIGHMARK OF DE | Other Service Provider | $13,084 | — | $13,084 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $70,710
- Estimated Expense Ratio: 133.134% 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 | $162,842 | — | — | — | — |
| 2024 | $485,396 | — | — | — | — |
| 2023 | $489,254 | — | — | — | — |
| 2022 | $575,171 | — | — | — | — |