Plan Snapshot
- Plan Sponsor: Armorworks Enterprises, INC.
- Sponsor EIN: 861041179
- Sponsor Address: 6677 W FRYE RD, CHANDLER, AZ, 85226
- Plan Type: 401(k)
- Total Participants: 416
- Total Assets: $13.7M
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 | 416 | $13.7M | $562,851 | $1.2M |
| 2023 | 239 | $10.9M | $466,141 | $1.1M |
| 2022 | 221 | $7.5M | $349,356 | $839,599 |
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 | $40,922 | — | $40,922 |
| GLOBAL RETIREMENT PARTNERS LLC | ADVISOR | $12,500 | — | $12,500 |
| CBIZ CPA'S P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- GLOBAL RETIREMENT PARTNERS LLC — ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $53,422
- Estimated Expense Ratio: 0.390% 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 | $53,422 | $12,500 | — | — | — |
| 2023 | $41,001 | $12,500 | — | — | — |
| 2022 | $39,040 | — | — | — | — |