Plan Snapshot
- Plan Sponsor: Fairwave Holdings LLC
- Sponsor EIN: 850585050
- Sponsor Address: 1204 W 27TH ST., KANSAS CITY, MO, 64108
- Plan Type: 401(k)
- Total Participants: 390
- Total Assets: $2.9M
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 | 390 | $2.9M | $76,196 | $757,832 |
| 2023 | 349 | $1.9M | $403,892 | $554,617 |
| 2022 | 268 | $1.1M | $314,479 | $397,929 |
| 2021 | 260 | $584,129 | $0 | $0 |
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 |
|---|---|---|---|---|
| ALEXANDER & WILLIAMS PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALEXANDER & WILLIAMS PLLC — Auditor
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 | $34,316 | $12,912 | $21,404 | — | — |
| 2023 | $27,950 | $9,919 | $18,031 | — | — |
| 2022 | $22,377 | $5,600 | $16,777 | — | — |
| 2021 | $7,583 | — | — | — | — |