Plan Snapshot
- Plan Sponsor: Awardco, INC.
- Sponsor EIN: 301282598
- Sponsor Address: 2080 W 400 N, LINDON, UT, 840974424
- Plan Type: 401(k)
- Total Participants: 516
- Total Assets: $5.3M
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 | 516 | $5.3M | $321,806 | $1.5M |
| 2023 | 400 | $2.5M | $201,650 | $883,855 |
| 2022 | 391 | $692,121 | $19,352 | $412,049 |
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 |
|---|---|---|---|---|
| GLOBAL RETIREMENT PARTNERS LLC | INVESTMENT ADVISORY | $16,694 | $10 | $16,704 |
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $14,965 | — | $14,965 |
| ARMANINO LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GLOBAL RETIREMENT PARTNERS LLC — INVESTMENT ADVISORY
- ARMANINO LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $31,669
- Estimated Expense Ratio: 0.596% 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 | $31,665 | $16,699 | $14,966 | — | — |
| 2023 | $16,817 | $6,259 | $10,558 | — | — |
| 2022 | $3,025 | $1,300 | $1,292 | — | $433 |