Plan Snapshot
- Plan Sponsor: Workstream, INC.
- Sponsor EIN: 311276329
- Sponsor Address: 3158 PRODUCTION DRIVE, FAIRFIELD, OH, 45014
- Plan Type: 401(k)
- Total Participants: 54
- Total Assets: $9.7M
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 | 54 | $9.7M | $171,137 | $479,903 |
| 2023 | 140 | $8.0M | $179,630 | $495,235 |
| 2022 | 169 | $7.4M | $187,369 | $481,792 |
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 |
|---|---|---|---|---|
| VOYA RETIREMENT INSURANCE AND ANNUI | SERVICE PROVIDER | $59,479 | — | $59,479 |
| COMMONWEALTH EQUITY SERVICES | SERVICE PROVIDER | — | $19,385 | $19,385 |
| CLARK SCHAEFER HACKETT | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- COMMONWEALTH EQUITY SERVICES — SERVICE PROVIDER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $78,864
- Estimated Expense Ratio: 0.815% 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 | $61,256 | $1,487 | $58,069 | — | — |
| 2023 | $52,258 | $1,177 | $50,181 | — | — |
| 2022 | $58,918 | — | — | — | — |