Plan Snapshot
- Plan Sponsor: Haworth International, Ltd.
- Sponsor EIN: 382101981
- Sponsor Address: ONE HAWORTH CENTER, HOLLAND, MI, 494239576
- Plan Type: 401(k)
- Total Participants: 2,709
- Total Assets: $421.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 2,709 | $421.0M | $10.2M | $17.2M |
| 2023 | 2,686 | $391.2M | $9.1M | $16.2M |
| 2022 | 2,722 | $346.8M | $7.9M | $14.6M |
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 |
|---|---|---|---|---|
| MERRILL LYNCH, PIERCE, FENNER AND S | RECORDKEEPER | $265,224 | — | $265,224 |
| HUNGERFORD | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HUNGERFORD — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $265,224
- Estimated Expense Ratio: 0.063% 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 | $265,224 | — | $265,224 | — | — |
| 2023 | $242,335 | — | $242,335 | — | — |
| 2022 | $255,097 | — | $255,097 | — | — |