Plan Snapshot
- Plan Sponsor: Connectwise, LLC.
- Sponsor EIN: 821582035
- Sponsor Address: PO BOX 172100, TAMPA, FL, 33672
- Plan Type: 401(k)
- Total Participants: 1,268
- Total Assets: $123.0M
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 | 1,268 | $123.0M | $4.9M | $10.5M |
| 2023 | 1,155 | $102.5M | $4.9M | $10.2M |
| 2022 | 1,212 | $77.8M | $4.2M | $8.9M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $136,549 | — | $136,549 |
| WORLD INVESTMENT ADVISORS LLC | ADVISOR | $128,566 | — | $128,566 |
| ASSURANCE DIMENSIONS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- ASSURANCE DIMENSIONS — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $265,115
- Estimated Expense Ratio: 0.216% 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 | $265,115 | $128,566 | — | — | — |
| 2023 | $217,636 | $103,448 | — | — | — |
| 2022 | $229,810 | — | — | — | — |