Plan Snapshot
- Plan Sponsor: Exponential Power
- Sponsor EIN: 455538379
- Sponsor Address: 1209 ORANGE ST., WILMINGTON, DE, 19801
- Plan Type: 401(k)
- Total Participants: 270
- Total Assets: $27.0M
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 | 270 | $27.0M | $1.0M | $2.0M |
| 2023 | 302 | $23.2M | $941,282 | $1.8M |
| 2022 | 293 | $18.8M | $651,128 | $1.3M |
| 2020 | 165 | $19.4M | $0 | $0 |
| 2019 | 190 | $18.0M | $0 | $694,643 |
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 |
|---|---|---|---|---|
| WIPFLI LLP | Auditor | $63,000 | — | $63,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WIPFLI LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $63,000
- Estimated Expense Ratio: 0.234% 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 | $130,968 | $44,154 | $23,814 | $63,000 | — |
| 2023 | $30,688 | — | $30,688 | — | — |
| 2022 | $3,604 | — | $3,604 | — | — |
| 2020 | — | — | — | — | — |
| 2019 | — | — | — | — | — |