Plan Snapshot
- Plan Sponsor: Unitek Learning Education Group Corp.
- Sponsor EIN: 843760384
- Sponsor Address: 1401 DOVE STREET, SUITE 340, NEWPORT BEACH, CA, 92660
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 231
- Total Assets: $3.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2023 | 231 | $3.9M | $212,088 | $421,539 |
| 2022 | 211 | $3.3M | $194,900 | $400,512 |
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 |
|---|---|---|---|---|
| ONEDIGITAL INVESTMENT ADVISORS LLC | Investment Advisor | $12,500 | — | $12,500 |
| EMPOWER ANNUITY INS CO OF AMERICA | Recordkeeper | $7,044 | — | $7,044 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ONEDIGITAL INVESTMENT ADVISORS LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $19,544
- Estimated Expense Ratio: 0.501% 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 |
|---|---|---|---|---|---|
| 2023 | $22,248 | — | $22,248 | — | — |
| 2022 | $12,665 | — | $12,665 | — | — |