You can view your retirement plan account activity through quarterly, annual, and year-to-date statements. It’s also important to understand the fees associated with your account, so you know exactly what you’re paying for and how it may impact your balance.

Who This Applies To

This information is for employees/participants with a Ubiquity 401(k) account.

Account Statements

Ubiquity provides account statements so you can track your contributions, investments, and account activity.

Types of Statements

  • Quarterly and Annual Statements (Accrual Basis):
    As of January 1, 2024, these statements are prepared on an accrual basis. This means they reflect all transactions designated for the statement period, even if the money was deposited after the period ended.
    • Example: Your 2023 annual statement includes all contributions designated for 2023, even if some were deposited in early 2024.
  • Year-to-Date (YTD) Statements (Cash Basis):
    These statements are generated on a cash basis. They only show what is actually in your account at the time the statement is generated, regardless of contribution designation.

How to Access Your Statements

  1. Log in to employee dashboard

  2. On your Dashboard, go to My 401(k) Resources.

  3. Click on the statement you’d like to view:

  • Year-to-Date Statement
  • Quarterly Statement (choose plan year and plan quarter from the drop-down menu)
  • Annual Statement

Understanding Fees

Just like other benefits provided by your employer (e.g., health insurance), there are costs to maintain your retirement plan.

At Ubiquity, we believe in fee transparency. We were one of the first to offer flat-fee-for-service plans (since 1999) and we do not charge hidden asset-based fees that reduce your investment earnings over time.

Who Pays the Fees?

  • Your employer generally pays the cost to administer and maintain the plan.
  • Certain fees may be charged directly to your account, depending on the services you use.

Participant Fees Charged by Ubiquity

  • Employee Fee: $6 per month if your account balance is over $100 (applies regardless of employment status).
  • Loan Fee: $100 annually if you take a loan from your account (only if your plan offers loans).
  • Withdrawal Fee: $95 per withdrawal.
  • If you withdraw both Pre-tax and Roth contributions, an additional $30 fee applies (covers the extra check/wire and IRS Form 1099-R reporting).
  • Brokerage Account Fee: $100 annually if you choose to invest through a self-directed brokerage account.

⚠️ You may also see fees from third parties (e.g., custodial or advisor fees). These are disclosed separately in your plan’s fee disclosure documents.

What Happens If You Don’t Review Statements or Fees

  • You may miss errors in contributions or investment activity.
  • You might not realize how fees impact your account balance over time.
  • Unreviewed beneficiary or contribution details could create problems later.

Need Help?

If you have questions, email us at info@myubiquity.com or chat with us 24/7 by clicking the chat icon after logging into your account.