Plan Snapshot
- Plan Sponsor: Tower Extrusions, LLC.
- Sponsor EIN: 742254034
- Sponsor Address: 1003 HIGHWAY 79 SOUTH, OLNEY, TX, 76374
- Plan Type: 401(k)
- Total Participants: 784
- Total Assets: $16.7M
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 | 784 | $16.7M | $447,572 | $1.7M |
| 2023 | 705 | $14.3M | $407,971 | $1.5M |
| 2022 | 740 | $12.0M | $382,241 | $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 |
|---|---|---|---|---|
| COULTER & JUSTUS | 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 | $145,358 | $37,066 | — | — | — |
| 2023 | $101,759 | $29,663 | $30,500 | — | — |
| 2022 | $108,686 | $28,752 | $79,934 | — | — |