Plan Snapshot
- Plan Sponsor: United Wholesale Mortgage, LLC
- Sponsor EIN: 382750395
- Sponsor Address: 585 SOUTH BOULEVARD EAST, PONTIAC, MI, 48341
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 11,710
- Total Assets: $259.7M
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 | 11,710 | $259.7M | $0 | $0 |
| 2024 | 9,098 | $195.0M | $5.4M | $29.5M |
| 2023 | 6,182 | $149.8M | $3.8M | $22.4M |
| 2022 | 5,814 | $111.3M | $4.3M | $22.7M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $619,711 | — | $619,711 |
| CADARET GRANT & CO INC | Investment Advisor | $111,795 | — | $111,795 |
| SPARTAN WEALTH ADVISORY | Investment Advisor | $93,259 | — | $93,259 |
| STRATEGIC ADVISERS LLC | Investment Advisor | $51,015 | — | $51,015 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $875,780
- Estimated Expense Ratio: 0.337% 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 | $21,990,648 | $256,069 | — | — | — |
| 2024 | $685,018 | $187,121 | $300 | — | — |
| 2023 | $522,776 | $134,377 | $300 | — | — |
| 2022 | $528,457 | $5,503 | — | — | — |