# Torwest, INC 401(k) Plan
Source: https://planprovider.pro/companies/torwest-inc-401k-plan

> Torwest, INC&#39;s 401(k) plan: 182 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Torwest, INC

- **Sponsor EIN:** 980103397

- **Sponsor Address:** 3125 WINDSOR BLVD, VERO BEACH, FL, 329639430

- **Plan Type:** 401(k)

- **Total Participants:** 182

- **Total Assets:** $8.6M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **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|182|$8.6M|$252,074|$817,314|

| 2023|177|$7.9M|$239,205|$742,234|

| 2022|151|$6.6M|$221,982|$688,412|

## 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|

| LAPIER, DILLON AND ASSOCIATES, P.C.|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [LAPIER, DILLON AND ASSOCIATES, P.C.](https://planprovider.pro/provider/lapier-dillon-and-associates-pc) — 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|$26,093|—|—|—|—|

| 2023|$21,053|$16,965|—|—|—|

| 2022|$24,103|—|—|—|—|

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