Plan Snapshot
- Plan Sponsor: Thermwood Corporation
- Sponsor EIN: 351169185
- Sponsor Address: 904 BUFFALOVILLE ROAD, DALE, IN, 47523
- Plan Type: 401(k)
- Total Participants: 104
- Total Assets: $19.0M
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 | 104 | $19.0M | $98,618 | $598,627 |
| 2023 | 102 | $16.5M | $104,898 | $614,740 |
| 2022 | 116 | $14.3M | $105,631 | $612,644 |
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 |
|---|---|---|---|---|
| FORVIS MAZARS,LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS,LLP — Auditor
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 | $10,424 | $5,914 | — | — | — |
| 2023 | $37,576 | $21,239 | $16,337 | — | — |
| 2022 | $37,557 | $21,241 | $16,316 | — | — |