Plan Snapshot
- Plan Sponsor: Unity Bank
- Sponsor EIN: 390532570
- Sponsor Address: 207 W LINCOLN STREET, AUGUSTA, WI, 54722
- Plan Type: 401(k)
- Total Participants: 135
- Total Assets: $8.3M
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 | 135 | $8.3M | $318,896 | $667,905 |
| 2023 | 134 | $7.9M | $305,313 | $642,826 |
| 2022 | 141 | $7.2M | $298,026 | $656,105 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $33,058 | — | $33,058 |
| CETERA INVESTMENT ADVISERS LLC | INVESTMENT ADVISORY | — | $11,845 | $11,845 |
| WIPFLI LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WIPFLI LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $44,903
- Estimated Expense Ratio: 0.544% 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 | $33,058 | — | $33,058 | — | — |
| 2023 | $28,417 | — | $28,417 | — | — |
| 2022 | $14,614 | — | — | — | — |