Plan Snapshot
- Plan Sponsor: Sobel Westex, INC.
- Sponsor EIN: 880174980
- Sponsor Address: 2670 SOUTH WESTERN AVENUE, LAS VEGAS, NV, 89109
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 121
- Total Assets: $7.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 121 | $7.8M | $106,023 | $490,433 |
| 2023 | 120 | $7.8M | $103,191 | $518,818 |
| 2022 | 124 | $6.7M | $112,503 | $511,953 |
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 |
|---|---|---|---|---|
| DDK & COMPANY LLP | Auditor | — | — | $0 |
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 | $25,018 | — | $25,018 | — | — |
| 2023 | $48,258 | $25,472 | $22,786 | — | — |
| 2022 | $55,242 | $33,340 | — | — | $21,902 |