Plan Snapshot
- Plan Sponsor: Wovenware INC.
- Sponsor EIN: 660621831
- Sponsor Address: PO BOX 7891 PMB 480, GUAYNABO, PR, 009707891
- Plan Type: DC
- Plan Number: 001
- Total Participants: 246
- Total Assets: $3.9M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 246 | $3.9M | $247,026 | $528,753 |
| 2023 | 226 | $2.8M | $103,397 | $432,904 |
| 2022 | 151 | $1.8M | $56,687 | $296,080 |
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 |
|---|---|---|---|---|
| GALINDEZ LLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $500 | — | — | — | — |
| 2023 | $925 | — | — | — | — |
| 2022 | — | — | — | — | — |