Plan Snapshot
- Plan Sponsor: Universal Technical Institute, INC.
- Sponsor EIN: 860226984
- Sponsor Address: 4225 E WINDROSE DRIVE, PHOENIX, AZ, 85032
- Plan Type: 401(k)
- Total Participants: 3,891
- Total Assets: $188.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 3,891 | $188.3M | $4.3M | $19.3M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $252,426 | — | $252,426 |
| SAGEVIEW ADVISORY GROUP, LLC | INVESTMENT ADVISOR | $56,000 | — | $56,000 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $48,748 | — | $48,748 |
| FORVIS, LLP | ACCOUNTANT/AUDITOR | $13,388 | — | $13,388 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- SAGEVIEW ADVISORY GROUP, LLC — INVESTMENT ADVISOR
- STRATEGIC ADVISORS, INC. — ADVISOR
- FORVIS, LLP — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $370,562
- Estimated Expense Ratio: 0.197% 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 | $368,501 | $104,748 | $900 | $13,388 | — |