Plan Snapshot
- Plan Sponsor: Adwerx, INC.
- Sponsor EIN: 472283655
- Sponsor Address: 324 BLACKWELL STREET, DURHAM, NC, 27701
- Plan Type: 401(k)
- Total Participants: 46
- Total Assets: $5.7M
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 | 46 | $5.7M | $223,736 | $476,955 |
| 2023 | 71 | $5.5M | $257,593 | $560,140 |
| 2022 | 78 | $4.7M | $329,476 | $694,808 |
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 |
|---|---|---|---|---|
| BETHKE CPA, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BETHKE CPA, LLC — Auditor
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 | $23,169 | $6,000 | $15,169 | — | — |
| 2023 | $15,257 | $8,000 | $7,257 | — | — |
| 2022 | $16,336 | $10,853 | $5,483 | — | — |