Plan Snapshot
- Plan Sponsor: Iw Technologies
- Sponsor EIN: 362882253
- Sponsor Address: P.O. BOX 95405, ELGIN, IL, 601247943
- Plan Type: 401(k)
- Total Participants: 157
- Total Assets: $10.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 157 | $10.3M | $156,539 | $500,255 |
| 2023 | 151 | $8.6M | $137,515 | $462,803 |
| 2022 | 139 | $7.3M | $123,329 | $469,557 |
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 |
|---|---|---|---|---|
| KOLNICKI, PETERSON & WIRTH, LLC | Auditor | — | — | $0 |
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 | $39,551 | $213 | $31,390 | — | — |
| 2023 | $35,657 | $18 | $26,597 | — | — |
| 2022 | $36,621 | — | $33,915 | — | $2,706 |