Plan Snapshot
- Plan Sponsor: The Bosworth Company
- Sponsor EIN: 751012121
- Sponsor Address: PO BOX 3449, MIDLAND, TX, 797023449
- Plan Type: 401(k)
- Total Participants: 256
- Total Assets: $21.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 256 | $21.3M | $461,971 | $1.3M |
| 2023 | 250 | $20.1M | $460,420 | $1.3M |
| 2022 | 282 | $18.1M | $407,697 | $1.4M |
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 |
|---|---|---|---|---|
| EMPOWER ADVISORY GROUP LLC | NONE | $77,350 | — | $77,350 |
| RAYMOND JAMES & ASSOCIATES | NONE | $60,609 | — | $60,609 |
| PENTEC PENSION MGMT | NONE | $12,604 | $10,000 | $22,604 |
| EMPOWER ANNUITY INS CO OF AM | NONE | $17,241 | — | $17,241 |
| WHITLEY PENN, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WHITLEY PENN, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $177,804
- Estimated Expense Ratio: 0.833% 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 | $170,569 | $137,958 | $12,604 | — | — |
| 2023 | $154,097 | $132,845 | $9,875 | — | — |
| 2022 | $153,825 | — | — | — | $153,825 |