Plan Snapshot
- Plan Sponsor: United Contractors Midwest, INC.
- Sponsor EIN: 371409658
- Sponsor Address: 3151 ROBBINS ROAD, SPRINGFIELD, IL, 62704
- Plan Type: 401(k)
- Total Participants: 207
- Total Assets: $57.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 207 | $57.1M | $870,344 | $1.6M |
| 2023 | 200 | $54.0M | $833,490 | $1.6M |
| 2022 | 203 | $47.6M | $793,447 | $1.5M |
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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS | RECORD KEEPER | $65,177 | — | $65,177 |
| MERRILL LYNCH CONSULTING SERVICES | INVESTMENT ADVISOR | $48,688 | — | $48,688 |
| KERBER, ERK, & BRAECKEL | AUDITING | $10,950 | — | $10,950 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS — RECORD KEEPER
- KERBER, ERK, & BRAECKEL — AUDITING
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $124,815
- Estimated Expense Ratio: 0.218% 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 | $126,754 | $50,626 | — | $10,950 | — |
| 2023 | $120,688 | $49,447 | — | $10,400 | — |
| 2022 | $114,675 | $50,763 | — | — | — |