Plan Snapshot
- Plan Sponsor: Univest Financial Corporation
- Sponsor EIN: 231886144
- Sponsor Address: P.O. BOX 197, SOUDERTON, PA, 18964
- Plan Type: 401(k)
- Total Participants: 917
- Total Assets: $121.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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. |
|---|---|---|---|---|
| 2024 | 917 | $121.3M | $2.1M | $7.2M |
| 2023 | 965 | $109.5M | $2.2M | $7.2M |
| 2022 | 949 | $91.1M | $2.1M | $6.6M |
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 |
|---|---|---|---|---|
| CLIFTONLARSONALLEN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTONLARSONALLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $187,369 | $751 | $186,618 | — | — |
| 2023 | $193,382 | $856 | $192,526 | — | — |
| 2022 | $179,986 | $441 | $179,545 | — | — |