Plan Snapshot
- Plan Sponsor: Utz Quality Foods, LLC
- Sponsor EIN: 231292435
- Sponsor Address: 900 HIGH STREET, HANOVER, PA, 173311639
- Plan Type: 401(k)
- Total Participants: 3,057
- Total Assets: $274.5M
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. |
|---|---|---|---|---|
| 2024 | 3,057 | $274.5M | $7.1M | $14.0M |
| 2023 | 3,605 | $260.1M | $7.3M | $13.7M |
| 2022 | 3,742 | $225.3M | $6.9M | $13.2M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $298,957 | — | $298,957 |
| SAGE WORTH | CONSULTANT | $150,973 | — | $150,973 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $60,558 | — | $60,558 |
| SMITH AND DOWNEY | CONSULTANT | $12,485 | — | $12,485 |
| RKL LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- SMITH AND DOWNEY — CONSULTANT
- RKL LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $522,973
- Estimated Expense Ratio: 0.191% 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 | $522,973 | $60,558 | $300 | — | — |
| 2023 | $460,828 | $70,770 | $1,200 | $4,000 | — |
| 2022 | $484,209 | $65,092 | — | — | — |