Plan Snapshot
- Plan Sponsor: Utah Manufacturers Association
- Sponsor EIN: 870187660
- Sponsor Address: 428 EAST WINCHESTER, SUITE 210, MURRAY, UT, 84107
- Plan Type: 401(k)
- Plan Number: 333
- Total Participants: 869
- Total Assets: $17.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 869 | $17.1M | $1.2M | $2.4M |
| 2023 | 992 | $17.6M | $888,458 | $1.9M |
| 2022 | 878 | $22.5M | $1.3M | $2.6M |
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 |
|---|---|---|---|---|
| TRANSAMERICA FINANCIAL LIFE | Recordkeeper | $86,906 | — | $86,906 |
| CETERA INVESTMENT ADVISERS LLC | Investment Advisor | $60,676 | — | $60,676 |
| DWC - THE 401(K) EXPERTS | Recordkeeper | $49,538 | — | $49,538 |
| JONES SIMKINS | Auditor | $31,764 | — | $31,764 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA FINANCIAL LIFE — Recordkeeper
- JONES SIMKINS — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $228,884
- Estimated Expense Ratio: 1.336% 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 | $182,823 | — | — | — | — |
| 2023 | $153,122 | — | — | — | — |
| 2022 | $222,256 | — | $222,256 | — | — |