Plan Snapshot
- Plan Sponsor: Et Works, INC. Equipment Technologies
- Sponsor EIN: 203319298
- Sponsor Address: 2201 HANCEL PARKWAY, MOORESVILLE, IN, 46158
- Plan Type: 401(k)
- Total Participants: 150
- Total Assets: $10.1M
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 | 150 | $10.1M | $392,372 | $724,993 |
| 2023 | 154 | $8.1M | $372,187 | $681,435 |
| 2022 | 134 | $6.3M | $88,996 | $577,410 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $74,605 | — | $74,605 |
| WELLS FARGO ADVISORS FIN NETWORK LL | Investment Advisor | — | $31,202 | $31,202 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $105,807
- Estimated Expense Ratio: 1.049% 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 | $73,371 | — | — | — | — |
| 2023 | $60,407 | — | — | — | — |
| 2022 | $57,305 | — | $57,305 | — | — |