Plan Snapshot
- Plan Sponsor: Universal Electronics, INC.
- Sponsor EIN: 330204817
- Sponsor Address: 15147 N. SCOTTSDALE ROAD SUITE H300, SCOTTSDALE, AZ, 85254
- Plan Type: 401(k)
- Total Participants: 162
- Total Assets: $68.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 162 | $68.0M | $1.1M | $2.7M |
| 2023 | 184 | $61.7M | $1.3M | $2.8M |
| 2022 | 202 | $54.7M | $1.3M | $2.7M |
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 |
|---|---|---|---|---|
| SHUSTER ADVISORY GROUP LLC | Investment Advisor | $41,998 | — | $41,998 |
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $37,863 | — | $37,863 |
| UNIVERSAL ELECTRONICS INC | Other Service Provider | $14,575 | — | $14,575 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $8,898 | — | $8,898 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $103,334
- Estimated Expense Ratio: 0.152% 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 | $103,335 | $65,472 | — | — | — |
| 2023 | $113,370 | $62,103 | — | — | — |
| 2022 | $88,802 | $73,098 | $14,556 | — | — |