Plan Snapshot
- Plan Sponsor: Universal Photonics INC
- Sponsor EIN: 112665147
- Sponsor Address: 85 JETSON LN, CENTRAL ISLIP, NY, 117221202
- Plan Type: 401(k)
- Total Participants: 119
- Total Assets: $18.5M
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 | 119 | $18.5M | $362,615 | $882,644 |
| 2023 | 116 | $16.5M | $397,294 | $864,700 |
| 2022 | 142 | $14.5M | $373,371 | $793,635 |
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 |
|---|---|---|---|---|
| PRIVATE ADVISOR GROUP LLC | Investment Advisor | $36,278 | — | $36,278 |
| PAYCHEX, INC. | Recordkeeper | $14,940 | — | $14,940 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PAYCHEX, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $51,218
- Estimated Expense Ratio: 0.276% 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 | $52,259 | $36,278 | $14,940 | — | — |
| 2023 | $45,686 | $30,951 | $13,875 | — | — |
| 2022 | $46,802 | $31,788 | $15,014 | — | — |