Plan Snapshot
- Plan Sponsor: Twist, INC.
- Sponsor EIN: 311005129
- Sponsor Address: 47 S. LIMESTONE ST., JAMESTOWN, OH, 45335
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 185
- Total Assets: $11.9M
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 | 185 | $11.9M | $211,638 | $453,996 |
| 2023 | 186 | $12.2M | $199,378 | $473,322 |
| 2022 | 204 | $11.5M | $213,744 | $476,909 |
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 | Investment Advisor | $24,545 | — | $24,545 |
| LEAFHOUSE FINANCIAL ADVISORS, LLC | Investment Advisor | $5,857 | — | $5,857 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $30,402
- Estimated Expense Ratio: 0.255% 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 | $30,402 | $30,402 | — | — | — |
| 2023 | $26,627 | $26,627 | — | — | — |
| 2022 | $19,245 | — | $19,245 | — | — |