Plan Snapshot
- Plan Sponsor: Interworks, INC.
- Sponsor EIN: 731505418
- Sponsor Address: 1425 S SANGRE ROAD, STILLWATER, OK, 74074
- Plan Type: 401(k)
- Total Participants: 177
- Total Assets: $23.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 177 | $23.9M | $728,253 | $1.8M |
| 2023 | 186 | $20.2M | $793,453 | $1.9M |
| 2022 | 181 | $15.1M | $668,643 | $1.7M |
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 |
|---|---|---|---|---|
| SMITH CARNEY | Auditor | $13,500 | — | $13,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $13,500
- Estimated Expense Ratio: 0.057% 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 | $119,337 | $73,599 | $928 | $13,500 | — |
| 2023 | $82,672 | $57,294 | $469 | — | — |
| 2022 | $85,443 | — | — | — | — |