Plan Snapshot
- Plan Sponsor: Universal Property & Casualty
- Sponsor EIN: 650789077
- Sponsor Address: 1110 WEST COMMERCIAL BLVD, FORT LAUDERDALE, FL, 33309
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 1,303
- Total Assets: $100.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 1,303 | $100.3M | $0 | $0 |
| 2024 | 958 | $82.7M | $3.7M | $6.1M |
| 2023 | 1,116 | $68.4M | $3.7M | $6.1M |
| 2022 | 1,130 | $52.7M | $3.4M | $5.5M |
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 |
|---|---|---|---|---|
| ADP, INC. | Recordkeeper | $46,299 | — | $46,299 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $46,299
- Estimated Expense Ratio: 0.046% 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 |
|---|---|---|---|---|---|
| 2025 | $7,630,596 | — | — | — | — |
| 2024 | $48,041 | $1,500 | — | — | — |
| 2023 | $39,969 | — | — | — | — |
| 2022 | $35,975 | — | — | — | — |