Plan Snapshot
- Plan Sponsor: Advisewell, INC.
- Sponsor EIN: 721081340
- Sponsor Address: 201 ST. CHARLES AVENUE, NEW ORLEANS, LA, 70170
- Plan Type: 403(b)
- Total Participants: 18
- Total Assets: $4.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 18 | $4.6M | $32,168 | $60,390 |
| 2023 | 13 | $4.4M | $27,156 | $43,509 |
| 2022 | 15 | $4.4M | $24,780 | $37,146 |
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 |
|---|---|---|---|---|
| ERNST & YOUNG | Auditor | $7,030 | — | $7,030 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ERNST & YOUNG — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $7,030
- Estimated Expense Ratio: 0.153% 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 | $27,011 | — | $19,981 | $7,030 | — |
| 2023 | $46,373 | — | $17,973 | $28,400 | — |
| 2022 | $25,261 | — | $25,261 | — | — |