Plan Snapshot
- Plan Sponsor: Gelia Wells & Mohr, INC.
- Sponsor EIN: 160844960
- Sponsor Address: 390 S. YOUNGS ROAD, WILLIAMSVILLE, NY, 14221
- Plan Type: 401(k)
- Total Participants: 76
- Total Assets: $11.5M
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 | 76 | $11.5M | $91,718 | $483,072 |
| 2023 | 73 | $10.6M | $94,859 | $487,828 |
| 2022 | 78 | $9.8M | $87,512 | $517,674 |
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 | $32,208 | — | $32,208 |
| LINCOLN FINANCIAL ADVISORS | BROKER | — | $29,045 | $29,045 |
| FREED MAXICK P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NATIONWIDE — CUSTODIAN
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $61,253
- Estimated Expense Ratio: 0.534% 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 | $38,224 | — | $38,224 | — | — |
| 2023 | $48,359 | — | $48,359 | — | — |
| 2022 | $45,399 | — | — | — | $45,399 |