Plan Snapshot
- Plan Sponsor: Utilities & Industries Management Corp
- Sponsor EIN: 131789034
- Sponsor Address: 140 58TH STREET, BROOKLYN, NY, 11220
- Plan Type: 401(k)
- Total Participants: 196
- Total Assets: $15.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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. |
|---|---|---|---|---|
| 2024 | 196 | $15.9M | $519,711 | $621,459 |
| 2023 | 195 | $15.4M | $506,447 | $556,744 |
| 2022 | 176 | $12.6M | $439,984 | $480,465 |
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 |
|---|---|---|---|---|
| CITRIN COOPERMAN & COMPANY LLP | Auditor | — | — | $0 |
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 | $59,669 | — | $59,669 | — | — |
| 2023 | $52,590 | — | $52,590 | — | — |
| 2022 | $48,837 | — | $48,837 | — | — |