Plan Snapshot
- Plan Sponsor: Daewon America, INC.
- Sponsor EIN: 205730059
- Sponsor Address: 4600 N PARK DR, OPELIKA, AL, 36801
- Plan Type: 401(k)
- Total Participants: 147
- Total Assets: $4.0M
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 | 147 | $4.0M | $150,489 | $506,259 |
| 2023 | 160 | $3.3M | $84,542 | $402,088 |
| 2022 | 134 | $3.0M | $93,376 | $342,706 |
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 |
|---|---|---|---|---|
| KLICHS LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KLICHS 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 | $28,649 | $6,849 | — | — | — |
| 2023 | $28,504 | — | — | — | — |
| 2022 | $26,307 | — | $26,307 | — | — |