# Basware INC 401(k) Plan
Source: https://planprovider.pro/companies/basware-inc-401k-plan

> Basware INC&#39;s 401(k) plan: 86 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Basware INC

- **Sponsor EIN:** 980383758

- **Sponsor Address:** 1245 ROSEMONT DR, FORT MILL, SC, 297077765

- **Plan Type:** 401(k)

- **Total Participants:** 86

- **Total Assets:** $15.9M

## 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|86|$15.9M|$420,617|$1.2M|

| 2023|84|$13.2M|$384,099|$1.1M|

| 2022|103|$11.9M|$374,957|$1.1M|

## 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|

| BDG-CPAS|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [BDG-CPAS](https://planprovider.pro/provider/bdg-cpas) — 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|$73,626|$37,192|$35,574|—|—|

| 2023|$64,161|$31,246|$32,055|—|—|

| 2022|$55,387|$31,006|$24,381|—|—|

## Similar Plans

- [Encore Technology Group, LLC](https://planprovider.pro/companies/encore-technology-group-llc-401k-plan) — 77 participants

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