Plan Snapshot
- Plan Sponsor: Us Conec Ltd.
- Sponsor EIN: 561775843
- Sponsor Address: 1138 25TH STREET SE, HICKORY, NC, 286027313
- Plan Type: 401(k)
- Total Participants: 364
- Total Assets: $34.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 364 | $34.4M | $1.3M | $2.2M |
| 2023 | 307 | $27.7M | $1.0M | $1.7M |
| 2022 | 335 | $24.4M | $691,130 | $1.3M |
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 |
|---|---|---|---|---|
| WILLIAMS OVERMAN PIERCE | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WILLIAMS OVERMAN PIERCE — 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 | $65,284 | $34,943 | $30,341 | — | — |
| 2023 | $59,951 | $34,597 | $25,354 | — | — |
| 2022 | $62,931 | $42,755 | $20,176 | — | — |