Plan Snapshot
- Plan Sponsor: Farwest Steel Corporation
- Sponsor EIN: 930588199
- Sponsor Address: 2000 HENDERSON AVENUE, EUGENE, OR, 97403
- Plan Type: 401(k)
- Total Participants: 648
- Total Assets: $47.9M
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 | 648 | $47.9M | $1.3M | $3.0M |
| 2023 | 658 | $42.4M | $1.2M | $2.7M |
| 2022 | 623 | $36.6M | $1.2M | $2.7M |
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 | $78,527 | — | $78,527 |
| PRIME PENSIONS NORTHWEST, LLC | TPA | $35,316 | — | $35,316 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $16,223 | — | $16,223 |
| KERNUTT STOKES LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KERNUTT STOKES LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $130,066
- Estimated Expense Ratio: 0.271% 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 | $130,066 | $16,223 | — | — | — |
| 2023 | $91,865 | $13,466 | — | — | — |
| 2022 | $74,167 | $11,663 | $62,504 | — | — |