Plan Snapshot
- Plan Sponsor: Power Wellness Management, LLC
- Sponsor EIN: 364313590
- Sponsor Address: 851 OAK CREEK DRIVE, LOMBARD, IL, 60148
- Plan Type: 401(k)
- Total Participants: 741
- Total Assets: $23.9M
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 | 741 | $23.9M | $444,374 | $1.5M |
| 2023 | 726 | $21.7M | $379,003 | $1.4M |
| 2022 | 695 | $18.0M | $391,151 | $1.4M |
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 |
|---|---|---|---|---|
| PLANTE MORAN | 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 | $53,598 | $2,880 | — | — | — |
| 2023 | $52,186 | $1,767 | — | — | — |
| 2022 | $52,609 | $824 | — | — | — |