Plan Snapshot
- Plan Sponsor: Louws Truss, INC.
- Sponsor EIN: 911873505
- Sponsor Address: PO BOX 3168, FERNDALE, WA, 98248
- Plan Type: 401(k)
- Total Participants: 112
- Total Assets: $3.1M
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 | 112 | $3.1M | $197,672 | $338,715 |
| 2023 | 112 | $2.6M | $196,264 | $320,468 |
| 2022 | 117 | $1.9M | $123,244 | $299,527 |
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 |
|---|---|---|---|---|
| FINANCIAL PLAN INC | NONE | $16,667 | — | $16,667 |
| ASCENSUS LLC | NONE | $10,899 | — | $10,899 |
| LARSON GROSS ASSURANCE, PLLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $27,566
- Estimated Expense Ratio: 0.877% 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 | $27,566 | $16,667 | $10,899 | — | — |
| 2023 | $22,657 | $13,122 | $9,535 | — | — |
| 2022 | $16,849 | $11,055 | $5,794 | — | — |