Plan Snapshot
- Plan Sponsor: Lidworks, Co.
- Sponsor EIN: 592529324
- Sponsor Address: 2706 S TURKEY CREEK ROAD, PLANT CITY, FL, 33566
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 173
- Total Assets: $7.2M
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. |
|---|---|---|---|---|
| 2025 | 173 | $7.2M | $0 | $0 |
| 2024 | 135 | $6.9M | $182,949 | $428,358 |
| 2023 | 131 | $5.8M | $163,775 | $351,988 |
| 2022 | 138 | $4.8M | $158,512 | $327,775 |
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 |
|---|---|---|---|---|
| ONE DIGITAL INVESTMENT ADV. | Other Service Provider | $6,815 | — | $6,815 |
| ASCENSUS LLC | Other Service Provider | $6,116 | $37 | $6,153 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $12,968
- Estimated Expense Ratio: 0.179% 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 |
|---|---|---|---|---|---|
| 2025 | $1,118,247 | $11,748 | $6,116 | — | — |
| 2024 | $45,671 | $29,190 | $13,544 | $2,937 | — |
| 2023 | $36,893 | — | $36,893 | — | — |
| 2022 | $34,623 | $23,463 | $11,160 | — | — |