Plan Snapshot
- Plan Sponsor: Art'S Way Manufacturing Co INC
- Sponsor EIN: 420920725
- Sponsor Address: PO BOX 288, ARMSTRONG, IA, 50514
- Plan Type: 401(k)
- Total Participants: 94
- Total Assets: $4.2M
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 | 94 | $4.2M | $113,641 | $286,858 |
| 2023 | 124 | $3.9M | $121,964 | $338,013 |
| 2022 | 137 | $3.6M | $117,852 | $339,790 |
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 |
|---|---|---|---|---|
| WINTHER, STAVE & CO LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WINTHER, STAVE & CO LLP — 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 | $37,998 | — | $37,998 | — | — |
| 2023 | $33,336 | — | $33,336 | — | — |
| 2022 | $30,473 | — | — | — | $30,473 |