Plan Snapshot
- Plan Sponsor: Western Utility Telecom INC
- Sponsor EIN: 912173102
- Sponsor Address: 5032 SALEM DALLAS HWY NW, SALEM, OR, 97304
- Plan Type: 401(k)
- Total Participants: 66
- Total Assets: $1.2M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 66 | $1.2M | $102,783 | $196,733 |
| 2023 | 128 | $890,637 | $209,309 | $110,105 |
| 2022 | 111 | $582,379 | $178,265 | $90,187 |
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 |
|---|---|---|---|---|
| NEWPORT GROUP, INC. | RECORD-KEEPER | $8,804 | — | $8,804 |
| JARRARD,SEIBERT,POLLARD & CO., LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JARRARD,SEIBERT,POLLARD & CO., LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $8,804
- Estimated Expense Ratio: 0.714% 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 | $8,804 | — | $6,276 | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |