Plan Snapshot
- Plan Sponsor: Fiduciary Wise, LLC Fbo Madwire, LLC
- Sponsor EIN: 270366214
- Sponsor Address: 2487 S. GILBERT ROAD, GILBERT, AZ, 85295
- Plan Type: 401(k)
- Plan Number: 200
- Total Participants: 343
- Total Assets: $11.2M
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. |
|---|---|---|---|---|
| 2023 | 343 | $11.2M | $609,551 | $1.6M |
| 2022 | 371 | $8.2M | $635,547 | $1.7M |
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 |
|---|---|---|---|---|
| NATIONWIDE | Custodian / Trustee | $21,147 | — | $21,147 |
| INWEST RETIREMENT SOLUTIONS | Recordkeeper | $20,316 | — | $20,316 |
| FIDUCIARY WISE, LLC | Other Service Provider | $10,052 | — | $10,052 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NATIONWIDE — Custodian / Trustee
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $51,515
- Estimated Expense Ratio: 0.458% 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 |
|---|---|---|---|---|---|
| 2023 | $52,818 | $43,658 | $9,160 | — | — |
| 2022 | $54,732 | $41,413 | $13,319 | — | — |