Plan Snapshot
- Plan Sponsor: Universal Metal Products, INC.
- Sponsor EIN: 341535109
- Sponsor Address: 29980 LAKELAND BLVD., WICKLIFFE, OH, 44092
- Plan Type: 401(k)
- Total Participants: 238
- Total Assets: $14.6M
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 | 238 | $14.6M | $144,907 | $868,188 |
| 2023 | 234 | $12.8M | $137,261 | $812,993 |
| 2022 | 227 | $11.0M | $126,366 | $749,103 |
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 |
|---|---|---|---|---|
| MEADEN & MOORE LTD. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MEADEN & MOORE LTD. — Auditor
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 | $52,511 | $19,504 | $22,522 | — | — |
| 2023 | $44,632 | $13,100 | $21,510 | — | — |
| 2022 | $52,513 | $17,773 | $29,472 | — | $5,268 |