Plan Snapshot
- Plan Sponsor: Wolverine Tube, INC.
- Sponsor EIN: 630970812
- Sponsor Address: P.O. BOX 2202, DECATUR, AL, 356092202
- Plan Type: 401(k)
- Total Participants: 252
- Total Assets: $12.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 252 | $12.6M | $389,060 | $602,954 |
| 2023 | 182 | $13.5M | $422,667 | $632,762 |
| 2022 | 201 | $12.8M | $414,073 | $681,510 |
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 | Other Service Provider | $74,056 | — | $74,056 |
| ENZA FINANCIAL LLC | Other Service Provider | $23,398 | — | $23,398 |
| WARREN AVERETT | Investment Advisor | $19,925 | — | $19,925 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WARREN AVERETT — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $117,379
- Estimated Expense Ratio: 0.929% 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 | $48,009 | — | — | — | — |
| 2023 | $102,404 | $27,958 | — | — | — |
| 2022 | $99,691 | — | — | — | — |