Plan Snapshot
- Plan Sponsor: Western Home Services
- Sponsor EIN: 272825987
- Sponsor Address: 5307 CARAWAY LANE, CEDAR FALLS, IA, 50613
- Plan Type: 401(k)
- Total Participants: 840
- Total Assets: $16.6M
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 | 840 | $16.6M | $537,681 | $1.0M |
| 2023 | 770 | $15.8M | $462,778 | $831,400 |
| 2022 | 710 | $14.4M | $453,616 | $823,738 |
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 |
|---|---|---|---|---|
| LPL FINANCIAL LLC | Investment Advisor | $34,123 | — | $34,123 |
| PARADIGM BENEFITS LLC | Other Service Provider | $3,322 | $8,206 | $11,528 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LPL FINANCIAL LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $45,651
- Estimated Expense Ratio: 0.276% 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 | $90,005 | $83,347 | $6,658 | — | — |
| 2023 | $75,898 | $70,648 | $5,250 | — | — |
| 2022 | $62,277 | — | $62,277 | — | — |