Plan Snapshot
- Plan Sponsor: Universal Power Group, INC.
- Sponsor EIN: 751288690
- Sponsor Address: 120 DIVIDEND DR., COPPELL, TX, 75019
- Plan Type: 401(k)
- Total Participants: 216
- Total Assets: $7.0M
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 | 216 | $7.0M | $100,737 | $502,983 |
| 2023 | 138 | $6.8M | $122,835 | $524,474 |
| 2022 | 218 | $6.2M | $81,395 | $444,206 |
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 |
|---|---|---|---|---|
| NORTHWESTERN MUTUAL WEALTH MANAGEME | SERVICE PROVIDER | — | $9,605 | $9,605 |
| LPL FINANCIAL CORPORATION | SERVICE PROVIDER | — | $7,920 | $7,920 |
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NORTHWESTERN MUTUAL WEALTH MANAGEME — SERVICE PROVIDER
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $17,525
- Estimated Expense Ratio: 0.250% 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 | $4,315 | $2,490 | $1,625 | — | — |
| 2023 | $3,339 | $1,539 | $1,700 | — | — |
| 2022 | $2,111 | — | — | — | — |