Plan Snapshot
- Plan Sponsor: Universal Bearings, LLC
- Sponsor EIN: 260762205
- Sponsor Address: 431 N. BIRKEY PO BOX 38, BREMEN, IN, 46506
- Plan Type: DC
- Total Participants: 309
- Total Assets: $25.7M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 309 | $25.7M | $572,769 | $924,984 |
| 2023 | 296 | $24.8M | $553,087 | $873,919 |
| 2022 | 283 | $22.2M | $593,443 | $930,242 |
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 INSURANCE COMPANY | RECORDKEEPER | $96,153 | — | $96,153 |
| ROBERT W BAIRD & CO INCORPORATED | INVESTMENT ADVISOR | $37,060 | — | $37,060 |
| DULIN,WARD & DEWALD, INC. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DULIN,WARD & DEWALD, INC. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $133,213
- Estimated Expense Ratio: 0.519% 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 | $131,990 | $37,060 | $96,153 | — | — |
| 2023 | $116,936 | $33,441 | $83,455 | — | — |
| 2022 | $21,103 | — | $11,674 | — | — |