Plan Snapshot
- Plan Sponsor: Wood Mechanix Holding Company
- Sponsor EIN: 931046448
- Sponsor Address: 1675 SW MARLOW AVE, SUITE 330, PORTLAND, OR, 97225
- Plan Type: 401(k)
- Total Participants: 83
- Total Assets: $10.0M
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 | 83 | $10.0M | $1.9M | $141,541 |
| 2023 | 184 | $9.3M | $1.5M | $136,967 |
| 2022 | 231 | $8.0M | $2.1M | $146,792 |
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 |
|---|---|---|---|---|
| M GROUP | Other Service Provider | — | $42,578 | $42,578 |
| FARMER & BETTS | Recordkeeper | $27,880 | $4,170 | $32,050 |
| VOYA RETIREMENT ADVISORS, LLC | Other Service Provider | $7,103 | — | $7,103 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $81,731
- Estimated Expense Ratio: 0.821% 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 | $40,733 | $7,103 | $21,482 | — | — |
| 2023 | $47,590 | — | — | — | — |
| 2022 | $46,168 | $46,168 | — | — | — |