Plan Snapshot
- Plan Sponsor: United Grinding North America In
- Sponsor EIN: 133246026
- Sponsor Address: 2100 UNITED GRINDING BLVD, MIAMISBURG, OH, 45342
- Plan Type: 401(k)
- Total Participants: 138
- Total Assets: $32.1M
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 | 138 | $32.1M | $370,238 | $1.9M |
| 2023 | 145 | $28.6M | $354,998 | $1.8M |
| 2022 | 138 | $25.3M | $317,412 | $1.7M |
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 |
|---|---|---|---|---|
| EVERHART FINANCIAL GROUP, INC | INVESTMENT/FINANCIAL ADVI | $40,755 | — | $40,755 |
| ADP, INC. | RECORD KEEPER | $23,979 | — | $23,979 |
| BRADY WARE & SCHOENFELD INC. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EVERHART FINANCIAL GROUP, INC — INVESTMENT/FINANCIAL ADVI
- ADP, INC. — RECORD KEEPER
- BRADY WARE & SCHOENFELD INC. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $64,734
- Estimated Expense Ratio: 0.201% 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 | $64,734 | $40,755 | — | — | — |
| 2023 | $56,805 | $34,641 | — | — | — |
| 2022 | $64,622 | — | — | — | — |