Plan Snapshot
- Plan Sponsor: Fabriweld Corporation
- Sponsor EIN: 341619873
- Sponsor Address: 405 INDUSTRIAL PARKWAY, NORWALK, OH, 44857
- Plan Type: 401(k)
- Total Participants: 113
- Total Assets: $7.6M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 113 | $7.6M | $190,184 | $326,938 |
| 2023 | 151 | $7.3M | $158,673 | $344,231 |
| 2022 | 137 | $6.2M | $204,860 | $308,659 |
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 |
|---|---|---|---|---|
| PAYNE NICKLES & COMPANY | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PAYNE NICKLES & COMPANY — 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 | $55,794 | $23,457 | $32,337 | — | — |
| 2023 | $49,618 | $38,865 | $10,753 | — | — |
| 2022 | $35,068 | $31,296 | $3,772 | — | — |