Plan Snapshot
- Plan Sponsor: Iworks Corporation
- Sponsor EIN: 202369374
- Sponsor Address: 1889 PRESTON WHITE DRIVE STE 100, RESTON, VA, 20191
- Plan Type: 401(k)
- Total Participants: 142
- 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 | 142 | $10.3M | $123,877 | $692,021 |
| 2023 | 120 | $9.1M | $113,396 | $646,967 |
| 2022 | 107 | $7.8M | $256,883 | $557,759 |
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 |
|---|---|---|---|---|
| WITHUM | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WITHUM — 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 | $22,786 | — | $22,786 | — | — |
| 2023 | $22,766 | — | $22,766 | — | — |
| 2022 | $13,823 | — | $13,823 | — | — |