Plan Snapshot
- Plan Sponsor: Us Default Group LLC
- Sponsor EIN: 271120007
- Sponsor Address: 6409 CONGRESS AVENUE, BOCA RATON, FL, 33487
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 891
- Total Assets: $5.8M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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. |
|---|---|---|---|---|
| 2025 | 891 | $5.8M | $0 | $0 |
| 2024 | 732 | $4.0M | $0 | $900,619 |
| 2023 | 734 | $3.1M | $0 | $747,313 |
| 2022 | 745 | $2.2M | $0 | $515,651 |
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 |
|---|---|---|---|---|
| WELLS FARGO | Investment Advisor | $15,591 | — | $15,591 |
| ADP, INC. | Recordkeeper | $11,879 | — | $11,879 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $27,470
- Estimated Expense Ratio: 0.477% 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 | $487,924 | $15,591 | — | — | — |
| 2024 | $21,059 | $12,001 | — | — | — |
| 2023 | $19,379 | $8,689 | — | — | — |
| 2022 | $11,383 | — | — | — | — |