Plan Snapshot
- Plan Sponsor: Unity Electric Company, INC.
- Sponsor EIN: 132932294
- Sponsor Address: 52 VANDERBILT AVENUE, 7TH FLOOR, NEW YORK, NY, 10017
- Plan Type: 401(k)
- Total Participants: 117
- Total Assets: $10.8M
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 | 117 | $10.8M | $396 | $283,040 |
| 2023 | 132 | $9.7M | $0 | $294,590 |
| 2022 | 143 | $8.7M | $0 | $346,715 |
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 |
|---|---|---|---|---|
| DAVIS, WARD & HOCHMAN LLP | 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 | $41,126 | $9,000 | — | — | — |
| 2023 | $31,218 | $9,000 | — | — | — |
| 2022 | $45,511 | — | — | — | $45,511 |