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Original filing (PDF)20251013091447NAL0000431075001
WORKOVER SOLUTIONS
Form 5500
FILING_RECEIVED
WORKOVER SOLUTIONS 401(K) PLAN
401(k) retirement plan
Signals · 2
30% in single holdingNo recordkeeper disclosed
Active participants
141
Accounts w/ balance
121
Plan assets (EOY)
$6.4M
Net assets (EOY)
$6.4M
How this plan invests
This plan
16 pooled trusts
Schedule D
28 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
90
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
85
Total plan cost
80
Vendor stack
80
Participation health
100
Knocking points off
- Top holding "(*) Principal American Funds 2050 Target Date Retirement R6 (1)" is 30% of plan.
- 73 bps in Schedule C fees — modestly above peer band of 52 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for WORKOVER SOLUTIONS.
Plan sponsor
Name
WORKOVER SOLUTIONS
EIN
46-2267569
Address
156 SOUTH CAMPUS DRIVE · IMPERIAL, PA · 15126
Phone
(346) 774-4433
Industry
Mining, Quarrying, Oil & Gassee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-13
Pension benefit codes
2F · ERISA section 404(c)
2E · Profit-sharing
2T · Default investment account (QDIA)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
3D · Pre-approved plan (master / prototype / VS)
2A · Age/service weighted or new comparability
Audit & trust (Schedule H)
Auditor
GOFF BACKA ALFERA & COMPANY LLC
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
5 rowsAdvisor / Consultant
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| EDWARD JONES | 43-0345811 | — | CONSULTANT | $0 | — |
| WILSHIRE ADVISORS LLC | 95-2755361 | — | INVESTMENT ADVISORY | $0 | — |
TPA / Administrator
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | 42-0127290 | — | CONTRACT ADMINISTRATOR | $44K | — |
| M2B RETIREMENT CONSULTING | 81-3989034 | — | CONTRACT ADMINISTRATOR | $3K | — |
Other
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| MORNING INVESTMENT MANGAGEMENT | 36-4317381 | — | INV ADV, PARTICIPANTS | $0 | — |
Investments
22 direct securities · 16 pooled funds· $6.6M(100% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Their holdings are itemized on each fund’s own Form 5500.
Uncategorized
$6.2M
22 holdings
Pooled Separate Account
$410K
16 holdings
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| (*) Principal American Funds 2050 Target Date Retirement R6 (1) | — | — | — | $1.9M | 30.2% | |
| (*) Principal American Funds 2045 Target Date Retirement R6 (1) | — | — | — | $1.2M | 19.2% | |
| (*) Principal American Funds 2055 Target Date Retirement R6 (1) | — | — | — | $581K | 9.0% | |
| (*) Principal American Funds 2040 Target Date Retirement R6 (1) | — | — | — | $544K | 8.4% | |
| (*) Principal American Funds 2025 Target Date Retirement R6 (1) | — | — | — | $353K | 5.5% | |
| (*) Principal American Funds 2035 Target Date Retirement R6 (1) | — | — | — | $335K | 5.2% | |
| (*) Principal American Funds 2030 Target Date Retirement R6 (1) | — | — | — | $249K | 3.9% | |
| (*) Participants Notes Loans with interest rates of 4.25% to 10.50% 0 | — | — | — | $198K | 3.1% | |
| (*) Principal LargeCap S&P 500 Index Sep Account (1) | — | — | — | $172K | 2.7% | |
| PRIN LGCP S&P 500 IDX SA-NE PRINCIPAL LIFE INSURANCE COMPANY · EIN 42-0127290 / PN 000 | Pooled Separate Account | — | — | $172K | 2.7% | |
| (*) Principal MassMutual Mid Cap Growth Fund (1) | — | — | — | $109K | 1.7% | |
| (*) Principal American Funds 2065 Target Date Retirement R6 (1) | — | — | — | $99K | 1.5% | |
| PRIN MIDCAP S&P 400 IDX SA-NE PRINCIPAL LIFE INSURANCE COMPANY · EIN 42-0127290 / PN 000 | Pooled Separate Account | — | — | $86K | 1.3% | |
| (*) Principal American Century Small Cap Growth R6 (1) | — | — | — | $80K | 1.2% | |
| (*) Principal Allspring Special Mid Cap Value R6 (1) | — | — | — | $71K | 1.1% | |
| (*) Principal MFS Value R6 (1) | — | — | — | $65K | 1.0% | |
| PRIN LARGECAP GROWTH I SA-Z PRINCIPAL LIFE INSURANCE COMPANY · EIN 42-0127290 / PN 000 | Pooled Separate Account | — | — | $64K | 1.0% | |
| (*) Principal American Funds 2060 Target Date Retirement R6 (1) | — | — | — | $44K | 0.7% | |
| PRIN SMCAP S&P 600 INDEX SA-NE PRINCIPAL LIFE INSURANCE COMPANY · EIN 42-0127290 / PN 000 | Pooled Separate Account | — | — | $31K | 0.5% | |
| (*) Principal Guaranteed Option (1) | — | — | — | $30K | 0.5% | |
| PRIN CORE FIX INC SEP ACCT-Z PRINCIPAL LIFE INSURANCE COMPANY · EIN 42-0127290 / PN 000 | Pooled Separate Account | — | — | $28K | 0.4% | |
| (*) Principal PIMCO Income Institutional Fund (1) | — | — | — | $25K | 0.4% | |
| PRIN DIVERSIFIED INTL SA-Z PRINCIPAL LIFE INSURANCE COMPANY · EIN 42-0127290 / PN 000 | Pooled Separate Account | — | — | $23K | 0.4% | |
| (*) Principal Allspring Special Small Cap Value R6 (1) | — | — | — | $18K | 0.3% | |
| (*) Principal Invesco International Diversified R6 (1) | — | — | — | $17K | 0.3% | |
| (*) Principal Columbia Overseas Value I3 (1) | — | — | — | $9K | 0.1% | |
| (*) Principal American Century Emerging Markets R6 (1) | — | — | — | $7K | 0.1% | |
| PRIN REAL ESTATE SECS SA-Z PRINCIPAL LIFE INSURANCE COMPANY · EIN 42-0127290 / PN 000 | Pooled Separate Account | — | — | $5K | <0.1% | |
| (*) Principal BlackRock Stra Inc Opp K Fund (1) | — | — | — | $3K | <0.1% | |
| PRIN LIFETIME 2030 SEP ACCT-Z PRINCIPAL LIFE INSURANCE COMPANY · EIN 42-0127290 / PN 000 | Pooled Separate Account | — | — | $0 | <0.1% | |
| PRIN LIFETIME 2040 SEP ACCT-Z PRINCIPAL LIFE INSURANCE COMPANY · EIN 42-0127290 / PN 000 | Pooled Separate Account | — | — | $0 | <0.1% | |
| PRIN LIFETIME 2050 SEP ACCT-Z PRINCIPAL LIFE INSURANCE COMPANY · EIN 42-0127290 / PN 000 | Pooled Separate Account | — | — | $0 | <0.1% | |
| PRIN LIFETIME 2025 SEP ACCT-Z PRINCIPAL LIFE INSURANCE COMPANY · EIN 42-0127290 / PN 000 | Pooled Separate Account | — | — | $0 | <0.1% | |
| PRIN LIFETIME 2035 SEP ACT-Z PRINCIPAL LIFE INSURANCE COMPANY · EIN 42-0127290 / PN 000 | Pooled Separate Account | — | — | $0 | <0.1% | |
| PRIN LIFETIME 2045 SEP ACCT-Z PRINCIPAL LIFE INSURANCE COMPANY · EIN 42-0127290 / PN 000 | Pooled Separate Account | — | — | $0 | <0.1% | |
| PRIN LIFETIME 2055 SEP ACCT-Z PRINCIPAL LIFE INSURANCE COMPANY · EIN 42-0127290 / PN 000 | Pooled Separate Account | — | — | $0 | <0.1% | |
| PRIN LIFETIME 2060 SEP ACCT-Z PRINCIPAL LIFE INSURANCE COMPANY · EIN 42-0127290 / PN 000 | Pooled Separate Account | — | — | $0 | <0.1% | |
| PRIN LIFETIME 2065 SEP ACCT-Z PRINCIPAL LIFE INSURANCE COMPANY · EIN 42-0127290 / PN 000 | Pooled Separate Account | — | — | $0 | <0.1% |
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