Plan Snapshot
- Plan Sponsor: Walker, INC.
- Sponsor EIN: 042171186
- Sponsor Address: 1968 CENTRAL AVENUE, NEEDHAM, MA, 02492
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 318
- Total Assets: $13.7M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 318 | $13.7M | $165,857 | $614,191 |
| 2023 | 316 | $12.4M | $171,151 | $603,074 |
| 2022 | 267 | $11.4M | $175,000 | $656,255 |
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 |
|---|---|---|---|---|
| AFC PENSIONS, INC. | Recordkeeper | $10,000 | $4,860 | $14,860 |
| EMPOWER ANNUITY INS. CO. OF AMERICA | Recordkeeper | $11,127 | — | $11,127 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $25,987
- Estimated Expense Ratio: 0.190% 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 | $23,530 | — | — | — | — |
| 2023 | $8,222 | — | — | — | — |
| 2022 | $7,532 | — | — | — | $7,532 |