Plan Snapshot
- Plan Sponsor: Bway Corporation
- Sponsor EIN: 363624491
- Sponsor Address: 375 NORTHRIDGE ROAD, STE. 600, ATLANTA, GA, 30350
- Plan Type: 401(k)
- Total Participants: 5,218
- Total Assets: $357.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 5,218 | $357.0M | $10.5M | $21.4M |
| 2023 | 5,663 | $326.7M | $9.9M | $19.1M |
| 2022 | 5,540 | $282.5M | $9.7M | $19.1M |
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 |
|---|---|---|---|---|
| THE VANGUARD GROUP, INC. | NONE | $653,397 | — | $653,397 |
| QC CONSULTING GROUP, LLC | NONE | $9,385 | — | $9,385 |
| MSTILLER, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE VANGUARD GROUP, INC. — NONE
- MSTILLER, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $662,782
- Estimated Expense Ratio: 0.186% 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 | $632,537 | — | — | — | — |
| 2023 | $590,318 | — | — | — | — |
| 2022 | $450,476 | — | — | — | $450,476 |