Plan Snapshot
- Plan Sponsor: Truwest Company, LLC
- Sponsor EIN: 300719069
- Sponsor Address: 31390 VIKING PARKWAY, WESTLAKE, OH, 44145
- Plan Type: 401(k)
- Total Participants: 261
- Total Assets: $21.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 261 | $21.5M | $556,760 | $1.7M |
| 2023 | 245 | $18.7M | $527,817 | $1.6M |
| 2022 | 242 | $14.1M | $449,696 | $1.3M |
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 |
|---|---|---|---|---|
| CORRIGAN KRAUSE | 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 | $52,999 | $34,432 | — | — | — |
| 2023 | $46,344 | $27,778 | — | — | — |
| 2022 | $47,947 | $25,968 | $21,979 | — | — |