Plan Snapshot
- Plan Sponsor: National Wood Products, INC.
- Sponsor EIN: 870415944
- Sponsor Address: 2705 S. 600 WEST, SALT LAKE CITY, UT, 84115
- Plan Type: 401(k)
- Total Participants: 184
- Total Assets: $12.8M
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 | 184 | $12.8M | $232,292 | $719,215 |
| 2023 | 151 | $11.1M | $248,044 | $750,320 |
| 2022 | 166 | $8.9M | $270,485 | $709,485 |
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 |
|---|---|---|---|---|
| HBME, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HBME, 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 | $1,811 | $861 | — | — | — |
| 2023 | $2,173 | $648 | — | — | — |
| 2022 | $918 | $368 | — | — | — |