Plan Snapshot
- Plan Sponsor: Unitex Textile Services LLC
- Sponsor EIN: 474588332
- Sponsor Address: 565 TAXTER ROAD, SUITE 620, ELMSFORD, NY, 10523
- Plan Type: 401(k)
- Total Participants: 303
- Total Assets: $43.1M
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. |
|---|---|---|---|---|
| 2024 | 303 | $43.1M | $415,706 | $2.2M |
| 2023 | 290 | $38.4M | $465,237 | $2.2M |
| 2022 | 293 | $34.0M | $421,393 | $2.0M |
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 |
|---|---|---|---|---|
| SHERMAN SPERO SAFARINO CO CPA PC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $17,049 | — | $17,049 | — | — |
| 2023 | $11,823 | — | $11,823 | — | — |
| 2022 | $9,356 | — | $2,035 | — | — |