Plan Snapshot
- Plan Sponsor: Getwellnetwork, INC.
- Sponsor EIN: 522261559
- Sponsor Address: 7700 OLD GEORGETOWN RD, BETHESDA, MD, 20814
- Plan Type: 401(k)
- Total Participants: 215
- Total Assets: $25.3M
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 | 215 | $25.3M | $325,517 | $2.1M |
| 2023 | 240 | $21.6M | $346,561 | $2.2M |
| 2022 | 281 | $17.5M | $360,281 | $2.3M |
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 |
|---|---|---|---|---|
| COHNREZNICK LLP | Auditor | — | — | $0 |
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 | $41,432 | $34,733 | — | — | — |
| 2023 | $35,658 | $27,298 | — | — | — |
| 2022 | $29,614 | $25,449 | — | — | — |