Plan Snapshot
- Plan Sponsor: Mortensen Woodwork, INC.
- Sponsor EIN: 581813682
- Sponsor Address: 4920 BAKER STREET, UNION CITY, GA, 302911984
- Plan Type: 401(k)
- Total Participants: 99
- Total Assets: $8.7M
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. |
|---|---|---|---|---|
| 2024 | 99 | $8.7M | $255,752 | $426,597 |
| 2023 | 120 | $7.5M | $257,570 | $399,932 |
| 2022 | 115 | $7.0M | $240,020 | $406,615 |
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 |
|---|---|---|---|---|
| WARREN AVERETT, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WARREN AVERETT, LLC — 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 | $41,859 | — | $41,859 | — | — |
| 2023 | $33,894 | — | $33,894 | — | — |
| 2022 | $35,607 | — | $35,607 | — | — |