Plan Snapshot
- Plan Sponsor: Fiduciary Wise, LLC
- Sponsor EIN: 813799174
- Sponsor Address: 2487 S. GILBERT, GILBERT, AZ, 85295
- Plan Type: 401(k)
- Total Participants: 872
- Total Assets: $40.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 872 | $40.8M | $2.5M | $5.2M |
| 2023 | 752 | $33.3M | $2.4M | $4.6M |
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 |
|---|---|---|---|---|
| LATITUDE SERVICE COMPANY, INC. | Recordkeeper | $217,855 | — | $217,855 |
| NATIONWIDE | Recordkeeper | $36,629 | — | $36,629 |
| FIDUCIARY WISE, LLC | Other Service Provider | $17,883 | — | $17,883 |
| COUNSEL TRUST COMPANY | Other Service Provider | $13,874 | — | $13,874 |
| IFAM CAPITAL | Investment Advisor | $5,133 | — | $5,133 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NATIONWIDE — Recordkeeper
- IFAM CAPITAL — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $291,374
- Estimated Expense Ratio: 0.715% 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 | $179,863 | $179,863 | — | — | — |
| 2023 | $125,908 | $125,908 | — | — | — |