Plan Snapshot
- Plan Sponsor: Powdr Corp.
- Sponsor EIN: 941495276
- Sponsor Address: 1794 OLYMPIC PARKWAY, STE 210, PARK CITY, UT, 84098
- Plan Type: 401(k)
- Total Participants: 4,903
- Total Assets: $39.4M
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 | 4,903 | $39.4M | $2.9M | $4.8M |
| 2023 | 6,396 | $32.9M | $2.8M | $4.6M |
| 2022 | 5,019 | $23.7M | $727,948 | $3.0M |
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 |
|---|---|---|---|---|
| NORTHWEST PLAN SERVICES | TPA | $98,807 | — | $98,807 |
| RW INVESTMENT MANAGEMENT LLC | INVESTMENT ADVISOR | $77,944 | — | $77,944 |
| MATRIX TRUST COMPANY | CUSTODIAN | $14,767 | — | $14,767 |
| RICHEY, MAY & CO., LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NORTHWEST PLAN SERVICES — TPA
- MATRIX TRUST COMPANY — CUSTODIAN
- RICHEY, MAY & CO., LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $191,518
- Estimated Expense Ratio: 0.485% 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 | $191,487 | $77,944 | — | — | — |
| 2023 | $156,363 | $68,864 | $75,616 | — | — |
| 2022 | $163,542 | $108,853 | — | — | — |