Plan Snapshot
- Plan Sponsor: Westfield Distributing (Nd), INC.
- Sponsor EIN: 450458257
- Sponsor Address: 263 SHUMAN BLVD., NAPERVILLE, IL, 60563
- Plan Type: 401(k)
- Total Participants: 580
- Total Assets: $49.4M
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 | 580 | $49.4M | $2.6M | $4.0M |
| 2023 | 644 | $43.1M | $2.6M | $4.1M |
| 2022 | 748 | $32.6M | $2.2M | $3.4M |
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 |
|---|---|---|---|---|
| INTELLICENTS INC | NONE | $93,567 | — | $93,567 |
| ALERUS FINANCIAL, N.A. | NONE | $90,962 | — | $90,962 |
| EIDE BAILLY | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- INTELLICENTS INC — NONE
- ALERUS FINANCIAL, N.A. — NONE
- EIDE BAILLY — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $184,529
- Estimated Expense Ratio: 0.374% 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 | $184,529 | $93,567 | — | — | — |
| 2023 | $173,559 | $93,072 | — | — | — |
| 2022 | $123,043 | — | — | — | — |