Plan Snapshot
- Plan Sponsor: Werner Construction Co
- Sponsor EIN: 470469957
- Sponsor Address: 129 EAST 2ND STREET PO BOX 1087, HASTINGS, NE, 689015216
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 140
- Total Assets: $18.4M
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. |
|---|---|---|---|---|
| 2025 | 140 | $18.4M | $0 | $0 |
| 2024 | 319 | $14.2M | $335,982 | $716,375 |
| 2023 | 304 | $13.7M | $330,810 | $686,828 |
| 2022 | 286 | $11.9M | $215,281 | $635,295 |
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 ANNUITY INSURANCE COMPANY O | Recordkeeper | $32,639 | — | $32,639 |
| DA DAVIDSON & CO | Investment Advisor | $30,767 | — | $30,767 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $63,406
- Estimated Expense Ratio: 0.344% 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 |
|---|---|---|---|---|---|
| 2025 | $246,607 | $32,226 | — | — | — |
| 2024 | $53,118 | $28,149 | — | — | — |
| 2023 | $46,188 | $25,548 | — | — | — |
| 2022 | $46,976 | $25,602 | $21,374 | — | — |