Plan Snapshot
- Plan Sponsor: Teamworxpro LLC
- Sponsor EIN: 800978303
- Sponsor Address: 11487 S 700 EAST, DRAPER, UT, 84020
- Plan Type: 401(k)
- Total Participants: 49
- Total Assets: $1.1M
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 | 49 | $1.1M | $74,522 | $154,789 |
| 2023 | 57 | $939,613 | $84,728 | $165,367 |
| 2022 | 126 | $629,015 | $82,694 | $150,197 |
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 |
|---|---|---|---|---|
| BRIDGE CPA PLLC | 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 | $20,599 | $1,205 | $19,394 | — | — |
| 2023 | $14,761 | $924 | $13,837 | — | — |
| 2022 | — | — | — | — | — |