Plan Snapshot
- Plan Sponsor: Woodward, INC.
- Sponsor EIN: 361984010
- Sponsor Address: 1081 WOODWARD WAY, FORT COLLINS, CO, 805241519
- Plan Type: 401(k)
- Total Participants: 6,574
- Total Assets: $2.0B
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 | 6,574 | $2.0B | $49.7M | $51.7M |
| 2023 | 6,210 | $1.8B | $44.2M | $46.9M |
| 2022 | 5,847 | $1.5B | $39.4M | $41.4M |
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 |
|---|---|---|---|---|
| VANGUARD ADVISORS, INC. | INVESTMENT ADVISOR | $605,917 | — | $605,917 |
| THE VANGUARD GROUP, INC. | TRUSTEE | $517,491 | — | $517,491 |
| BENNING GROUP, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- VANGUARD ADVISORS, INC. — INVESTMENT ADVISOR
- THE VANGUARD GROUP, INC. — TRUSTEE
- BENNING GROUP, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,123,408
- Estimated Expense Ratio: 0.057% 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 | $1,035,608 | $1,035,608 | — | — | — |
| 2023 | $913,449 | $913,449 | — | — | — |
| 2022 | $891,356 | $891,356 | — | — | — |