Plan Snapshot
- Plan Sponsor: Upm Raflatac, INC.
- Sponsor EIN: 561451390
- Sponsor Address: 400 BROADPOINTE DRIVE, MILLS RIVER, NC, 28759
- Plan Type: 401(k)
- Total Participants: 456
- Total Assets: $112.1M
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. |
|---|---|---|---|---|
| 2024 | 456 | $112.1M | $3.0M | $3.1M |
| 2023 | 446 | $98.3M | $3.1M | $3.2M |
| 2022 | 495 | $82.2M | $3.2M | $3.2M |
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 |
|---|---|---|---|---|
| SAGEVIEW ADVISORY GROUP LLC | Investment Advisor | $36,000 | — | $36,000 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $29,372 | — | $29,372 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $7,109 | — | $7,109 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SAGEVIEW ADVISORY GROUP LLC — Investment Advisor
- STRATEGIC ADVISORS, INC. — Investment Advisor
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $72,481
- Estimated Expense Ratio: 0.065% 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 | $72,481 | $65,372 | $1,800 | — | — |
| 2023 | $77,957 | $73,065 | $600 | — | — |
| 2022 | $66,229 | $32,898 | — | — | — |