Plan Snapshot
- Plan Sponsor: Advanced Web Technologies, INC.
- Sponsor EIN: 474113525
- Sponsor Address: 600 HOOVER ST NE SUITE 500, MINNEAPOLIS, MN, 55413
- Plan Type: 401(k)
- Total Participants: 542
- Total Assets: $32.2M
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 | 542 | $32.2M | $676,588 | $2.3M |
| 2023 | 464 | $27.4M | $584,733 | $2.0M |
| 2022 | 452 | $25.9M | $409,912 | $1.4M |
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 | $52,117 | — | $52,117 |
| CHRISTENSEN GROUP FINANCIAL LLC | Investment Advisor | $25,000 | — | $25,000 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $5,323 | — | $5,323 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- CHRISTENSEN GROUP FINANCIAL LLC — Investment Advisor
- 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: $82,440
- Estimated Expense Ratio: 0.256% 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 | $82,440 | $30,323 | — | — | — |
| 2023 | $70,839 | $28,515 | — | — | — |
| 2022 | $64,469 | $1,802 | — | — | — |