Plan Snapshot
- Plan Sponsor: Universal Packaging Systems, INC. D/B/A Paklab
- Sponsor EIN: 954109799
- Sponsor Address: 14570 MONTE VISTA AVENUE, CHINO, CA, 91710
- Plan Type: 401(k)
- Total Participants: 194
- 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 | 194 | $10.8M | $56,375 | $619,636 |
| 2023 | 186 | $9.6M | $51,760 | $583,563 |
| 2022 | 225 | $8.2M | $53,174 | $589,362 |
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 |
|---|---|---|---|---|
| TRANSAMERICA FINANCIAL LIFE INSURAN | Recordkeeper | $38,008 | — | $38,008 |
| MERRILL LYNCH LIFE AGENCY, INC. | Investment Advisor | $21,804 | — | $21,804 |
| FUTUREPLAN BY ASCENSUS | Recordkeeper | $6,570 | $12 | $6,582 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA FINANCIAL LIFE INSURAN — Recordkeeper
- MERRILL LYNCH LIFE AGENCY, INC. — Investment Advisor
- FUTUREPLAN BY ASCENSUS — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $66,394
- Estimated Expense Ratio: 0.616% 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 | $79,250 | $21,804 | $57,446 | — | — |
| 2023 | $57,872 | — | $57,872 | — | — |
| 2022 | $61,600 | — | $61,600 | — | — |