Plan Snapshot
- Plan Sponsor: L.E. Wooten & Company Dba The Wooten Company
- Sponsor EIN: 560509703
- Sponsor Address: 120 N BOYLAN AVE, RALEIGH, NC, 276031423
- Plan Type: 401(k)
- Total Participants: 100
- Total Assets: $20.2M
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 | 100 | $20.2M | $483,479 | $869,382 |
| 2023 | 96 | $19.7M | $356,065 | $761,947 |
| 2022 | 98 | $18.1M | $296,027 | $649,713 |
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 |
|---|---|---|---|---|
| WELLS FARGO CLEARING SERVICES LLC | Investment Advisor | $39,641 | — | $39,641 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $19,224 | — | $19,224 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $58,865
- Estimated Expense Ratio: 0.291% 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 | $58,865 | $39,641 | — | — | — |
| 2023 | $56,669 | $38,300 | — | — | — |
| 2022 | $62,833 | — | — | — | — |