Plan Snapshot
- Plan Sponsor: Westfall Technik, LLC
- Sponsor EIN: 822755923
- Sponsor Address: 9280 SOUTH KYRENE ROAD SUITE 106, TEMPE, AZ, 85284
- Plan Type: 401(k)
- Total Participants: 895
- Total Assets: $56.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 895 | $56.4M | $1.1M | $3.6M |
| 2023 | 1,036 | $52.0M | $1.1M | $3.7M |
| 2022 | 1,194 | $45.4M | $543,515 | $3.7M |
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 |
|---|---|---|---|---|
| ADP, INC. | RECORD KEEPER | $168,320 | — | $168,320 |
| JLK ROSENBERGER LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
- JLK ROSENBERGER LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $168,320
- Estimated Expense Ratio: 0.299% 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 | $168,320 | — | — | — | — |
| 2023 | $182,650 | — | — | — | — |
| 2022 | $174,418 | — | — | — | — |