Plan Snapshot
- Plan Sponsor: Nantworks, LLC
- Sponsor EIN: 364694712
- Sponsor Address: 9920 JEFFERSON BLVD., LOS ANGELES, CA, 90232
- Plan Type: 401(k)
- Total Participants: 659
- Total Assets: $122.0M
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 | 659 | $122.0M | $1.6M | $6.4M |
| 2023 | 666 | $111.7M | $1.6M | $7.0M |
| 2022 | 773 | $96.5M | $1.5M | $6.8M |
| 2020 | 922 | $117.2M | $0 | $0 |
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 |
|---|---|---|---|---|
| S L REED & COMPANY | ADVISOR | $172,266 | — | $172,266 |
| HOLTHOUSE CARLIN & VAN TRIGT LLP | Auditor | $3,689 | — | $3,689 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HOLTHOUSE CARLIN & VAN TRIGT LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $175,955
- Estimated Expense Ratio: 0.144% 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 | $87,683 | $172,266 | $1,200 | $3,689 | — |
| 2023 | $22,975 | $151,500 | $1,200 | $2,535 | — |
| 2022 | $30,961 | — | — | — | — |
| 2020 | $54,171 | — | — | — | — |