Plan Snapshot
- Plan Sponsor: Utex Industries, INC.
- Sponsor EIN: 462738160
- Sponsor Address: 10810 KATY FREEWAY, HOUSTON, TX, 77043
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 394
- Total Assets: $0
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. |
|---|---|---|---|---|
| 2025 | 394 | $0 | $0 | $0 |
| 2024 | 394 | $20.7M | $1.1M | $1.8M |
| 2023 | 439 | $19.3M | $1.1M | $2.0M |
| 2022 | 583 | $16.7M | $528,243 | $1.8M |
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 |
|---|---|---|---|---|
| EQUITABLE ADVISORS LLC | Investment Advisor | $48,762 | — | $48,762 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $27,321 | — | $27,321 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $7,947 | — | $7,947 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EQUITABLE ADVISORS LLC — Investment Advisor
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- STRATEGIC ADVISORS, INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $84,030
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 | $4,729,241 | $42,066 | — | — | — |
| 2024 | $84,030 | $56,709 | — | — | — |
| 2023 | $106,682 | $49,432 | — | $16,500 | — |
| 2022 | $100,247 | $3,473 | — | — | — |