Plan Snapshot
- Plan Sponsor: Unitek Learning Education Group Corp.
- Sponsor EIN: 843760384
- Sponsor Address: 1401 DOVE STREET, SUITE 210, NEWPORT BEACH, CA, 92660
- Plan Type: 401(k)
- Total Participants: 1,647
- Total Assets: $33.9M
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 | 1,647 | $33.9M | $1.0M | $3.9M |
| 2023 | 1,213 | $25.8M | $541,026 | $3.3M |
| 2022 | 1,120 | $19.7M | $1.7M | $3.4M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INS CO OF AMERICA | Recordkeeper | $121,011 | — | $121,011 |
| ONE DIGITAL INVESTMENT ADVISORS LLC | Investment Advisor | $30,000 | — | $30,000 |
| RESOURCES INVESTMENT ADVISORS LLC | Investment Advisor | $12,573 | — | $12,573 |
| C-BEN GROUP | Other Service Provider | $6,820 | — | $6,820 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $170,404
- Estimated Expense Ratio: 0.503% 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 | $172,488 | — | $165,668 | — | — |
| 2023 | $129,682 | — | $129,682 | — | — |
| 2022 | $70,651 | — | $70,651 | — | — |