Plan Snapshot
- Plan Sponsor: Usop, LLC
- Sponsor EIN: 852924718
- Sponsor Address: 2520 NORTHWINDS PARKWAY, SUITE 100, ALPHARETTA, GA, 30009
- Plan Type: 401(k)
- Total Participants: 1,590
- Total Assets: $102.5M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,590 | $102.5M | $4.3M | $6.2M |
| 2023 | 1,023 | $88.1M | $3.9M | $5.7M |
| 2022 | 944 | $67.1M | $3.4M | $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 |
|---|---|---|---|---|
| MAGNOLIA CAPITAL ADVISORS LLC | Investment Advisor | $185,889 | — | $185,889 |
| HUB INTERNATIONAL MIDWEST LTD | Other Service Provider | $25,080 | $10,000 | $35,080 |
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $25,398 | — | $25,398 |
| LBMC, PC | Auditor | $17,000 | — | $17,000 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $5,919 | — | $5,919 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LBMC, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $269,286
- Estimated Expense Ratio: 0.263% 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 | $229,431 | $185,889 | $25,080 | $17,000 | — |
| 2023 | $147,227 | — | — | — | — |
| 2022 | $128,079 | $70,115 | $57,964 | — | — |