Plan Snapshot
- Plan Sponsor: United Electric Controls Company
- Sponsor EIN: 041923170
- Sponsor Address: 180 DEXTER AVENUE, WATERTOWN, MA, 02471
- Plan Type: 401(k)
- Total Participants: 233
- Total Assets: $55.6M
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 | 233 | $55.6M | $809,969 | $1.9M |
| 2023 | 231 | $49.0M | $790,043 | $1.9M |
| 2022 | 239 | $44.2M | $750,083 | $1.8M |
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 |
|---|---|---|---|---|
| RSM US LLP | Auditor | $43,575 | — | $43,575 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RSM US LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $43,575
- Estimated Expense Ratio: 0.078% 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 | $68,575 | — | — | $43,575 | — |
| 2023 | $25,000 | — | — | — | — |
| 2022 | $47,331 | $47,331 | — | — | — |