Plan Snapshot
- Plan Sponsor: United Medical Enterprises, INC.
- Sponsor EIN: 582182439
- Sponsor Address: 3301 STAGECOACH RD. NE, THOMSON, GA, 30824
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 160
- Total Assets: $4.9M
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. |
|---|---|---|---|---|
| 2025 | 160 | $4.9M | $0 | $0 |
| 2024 | 125 | $4.8M | $149,235 | $619,043 |
| 2023 | 124 | $3.2M | $41,969 | $431,247 |
| 2022 | 149 | $2.2M | $30,612 | $306,748 |
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 |
|---|---|---|---|---|
| RWA WEALTH PARTNERS, LLC | Investment Advisor | $38,005 | — | $38,005 |
| ADP, INC. | Recordkeeper | $6,386 | — | $6,386 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $44,391
- Estimated Expense Ratio: 0.901% 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 | $1,706,678 | $38,005 | — | — | — |
| 2024 | $194,784 | — | — | — | — |
| 2023 | $387,469 | — | — | — | — |
| 2022 | $19,037 | — | — | — | — |