Plan Snapshot
- Plan Sponsor: Universal Dynamics, INC.
- Sponsor EIN: 540640047
- Sponsor Address: 11700 SHANNON DR, FREDERICKSBURG, VA, 22408
- Plan Type: 401(k)
- Total Participants: 105
- Total Assets: $9.6M
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 | 105 | $9.6M | $200,385 | $650,987 |
| 2023 | 100 | $9.2M | $206,557 | $599,535 |
| 2022 | 100 | $7.4M | $183,191 | $532,608 |
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 |
|---|---|---|---|---|
| CHERRY BEKAERT 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 | $45,098 | $23,596 | — | — | — |
| 2023 | $40,871 | $20,019 | — | — | — |
| 2022 | $37,546 | — | — | — | — |