Plan Snapshot
- Plan Sponsor: Employees Of Wgi, INC.
- Sponsor EIN: 043540322
- Sponsor Address: 34 HUDSON DRIVE, SOUTHWICK, MA, 01077
- Plan Type: 401(k)
- Total Participants: 119
- Total Assets: $7.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 119 | $7.4M | $109,737 | $366,005 |
| 2023 | 130 | $8.0M | $106,815 | $376,947 |
| 2022 | 117 | $7.2M | $105,821 | $363,495 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $40,206 | — | $40,206 |
| MORGAN STANLEY | Investment Advisor | $25,716 | — | $25,716 |
| MORGAN STANLEY SMITH BARNEY | Investment Advisor | — | $16,346 | $16,346 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $82,268
- Estimated Expense Ratio: 1.107% 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 | $67,537 | $27,299 | — | — | — |
| 2023 | $31,184 | — | — | — | — |
| 2022 | $2,424 | $1,208 | $1,216 | — | — |