Plan Snapshot
- Plan Sponsor: Scaleworks, INC.
- Sponsor EIN: 611734482
- Sponsor Address: 122 E HOUSTON ST. #105, SAN ANTONIO, TX, 78205
- Plan Type: 401(k)
- Total Participants: 151
- Total Assets: $3.6M
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 | 151 | $3.6M | $154,901 | $737,060 |
| 2023 | 150 | $2.7M | $143,450 | $495,567 |
| 2022 | 136 | $2.9M | $114,287 | $680,100 |
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 |
|---|---|---|---|---|
| ADP, INC. | RECORD KEEPER | $20,621 | — | $20,621 |
| PEGGY S. EDGE CPA LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $20,621
- Estimated Expense Ratio: 0.579% 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 | $20,622 | — | — | — | — |
| 2023 | $14,562 | — | — | — | — |
| 2022 | $24,232 | — | — | — | — |