Plan Snapshot
- Plan Sponsor: Woodward, INC.
- Sponsor EIN: 361984010
- Sponsor Address: 1081 WOODWARD WAY, FORT COLLINS, CO, 805241519
- Plan Type: DB
- Total Participants: 40
- Total Assets: $18.7M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 40 | $18.7M | $0 | $0 |
| 2023 | 47 | $19.7M | $175,000 | $0 |
| 2022 | 51 | $19.1M | $0 | $0 |
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 |
|---|---|---|---|---|
| MILLIMAN | RECORDKEEPER | $47,647 | — | $47,647 |
| WILLIS TOWERS WATSON US LLC | ACTUARY | $40,000 | — | $40,000 |
| FIDUCIENT ADVISORS | INVESTMENT ADVISOR | $28,125 | — | $28,125 |
| BENNING GROUP, LLC | AUDITOR | $21,900 | — | $21,900 |
| VANGUARD FIDUCIARY TRUST | TRUSTEE | $10,545 | — | $10,545 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MILLIMAN — RECORDKEEPER
- BENNING GROUP, LLC — AUDITOR
- VANGUARD FIDUCIARY TRUST — TRUSTEE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $148,217
- Estimated Expense Ratio: 0.793% 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 | $225,523 | $28,125 | $10,545 | $21,900 | — |
| 2023 | $290,045 | $16,875 | $11,433 | $14,200 | — |
| 2022 | $162,031 | $22,500 | $10,602 | — | $87,841 |