Plan Snapshot
- Plan Sponsor: The Widewaters Group INC.
- Sponsor EIN: 161239842
- Sponsor Address: 5845 WIDEWATERS PARKWAY SUITE 100, EAST SYRACUSE, NY, 13057
- Plan Type: 401(k)
- Total Participants: 205
- Total Assets: $42.8M
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 | 205 | $42.8M | $648,373 | $1.7M |
| 2023 | 215 | $38.8M | $715,749 | $1.8M |
| 2022 | 508 | $33.9M | $410,733 | $2.2M |
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 |
|---|---|---|---|---|
| SCHNEIDER DOWNS WEALTH MANAGEMENT | ADVISOR/INVESTMENT ADV | $39,068 | — | $39,068 |
| MORGAN STANLEY | INVESTMENT ADVISOR | $28,966 | — | $28,966 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $22,714 | — | $22,714 |
| KATZ, SAPPER, & MILLER, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY — INVESTMENT ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- KATZ, SAPPER, & MILLER, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $90,748
- Estimated Expense Ratio: 0.212% 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 | $90,748 | $68,034 | — | — | — |
| 2023 | $65,260 | $68,442 | — | — | — |
| 2022 | $73,156 | — | — | — | — |