# Infoworks, INC. 401(k) Plan
Source: https://planprovider.pro/companies/infoworks-inc-401k-plan

> Infoworks, INC.'s 401(k) plan: 89 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Infoworks, INC.

- **Sponsor EIN:** 621669899

- **Sponsor Address:** 102 WOODMONT BOULEVARD, NASHVILLE, TN, 37205

- **Plan Type:** 401(k)

- **Total Participants:** 89

- **Total Assets:** $14.7M

## 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|89|$14.7M|$101,642|$869,249|

| 2023|103|$11.8M|$122,552|$964,681|

| 2022|101|$9.2M|$93,929|$804,894|

## 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|

| LBMC, PC|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [LBMC, PC](https://planprovider.pro/provider/lbmc-pc) — 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|$46,396|$32,487|$13,909|—|—|

| 2023|$35,961|$24,885|$11,076|—|—|

| 2022|$38,946|$24,483|$14,463|—|—|

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