Plan Snapshot
- Plan Sponsor: Buffalo Wire Works, Co., INC.
- Sponsor EIN: 160368730
- Sponsor Address: 1165 CLINTON ST., BUFFALO, NY, 14206
- Plan Type: 401(k)
- Total Participants: 108
- Total Assets: $585,005
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 | 108 | $585,005 | $12,612 | $58,870 |
| 2023 | 126 | $562,550 | $9,886 | $41,812 |
| 2022 | 122 | $464,935 | $5,996 | $28,663 |
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 |
|---|---|---|---|---|
| TRONCONI, SEGARRA & ASSOCIATES, LLP | Auditor | — | — | $0 |
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 | $103,817 | — | $3,961 | — | — |
| 2023 | $25,690 | — | $3,346 | — | — |
| 2022 | $3,127 | — | — | — | — |