Plan Snapshot
- Plan Sponsor: Mountain West Financial, INC.
- Sponsor EIN: 330419992
- Sponsor Address: 31 W. STUART AVENUE, SUITE 200, REDLANDS, CA, 923744581
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 149
- Total Assets: $15.2M
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. |
|---|---|---|---|---|
| 2023 | 149 | $15.2M | $182,275 | $824,037 |
| 2022 | 174 | $15.9M | $358,308 | $1.4M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY COMPANY OF AMERICA | Recordkeeper | $41,864 | — | $41,864 |
| CAPITAL SYNERGY PARTNERS | Investment Advisor | — | $17,044 | $17,044 |
| EEC ADMINISTRATION | Recordkeeper | $13,825 | — | $13,825 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $72,733
- Estimated Expense Ratio: 0.477% 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 |
|---|---|---|---|---|---|
| 2023 | $60,174 | — | $60,174 | — | — |
| 2022 | $81,643 | — | $81,643 | — | — |