Plan Snapshot
- Plan Sponsor: United Metro Energy Corp.
- Sponsor EIN: 462112871
- Sponsor Address: 500 KINGSLAND AVENUE, BROOKLYN, NY, 11222
- Plan Type: 401(k)
- Total Participants: 78
- Total Assets: $14.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 78 | $14.0M | $278,959 | $651,626 |
| 2023 | 79 | $12.0M | $247,986 | $593,195 |
| 2022 | 82 | $9.5M | $220,122 | $523,913 |
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 |
|---|---|---|---|---|
| MUTUAL OF AMERICA SEC. CORP LLC | RECORD KEEPER | $9,655 | — | $9,655 |
| WILSHIRE ASSOCIATES INC. | ADVISOR | $6,646 | — | $6,646 |
| RBSM, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RBSM, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $16,301
- Estimated Expense Ratio: 0.116% 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 | $9,655 | — | — | — | — |
| 2023 | $10,626 | — | — | — | — |
| 2022 | $22,446 | — | $19,730 | — | — |