Plan Snapshot
- Plan Sponsor: The Workplace, INC.
- Sponsor EIN: 222484517
- Sponsor Address: 1000 LAFAYETTE BLVD, SUITE 501, BRIDGEPORT, CT, 06604
- Plan Type: 401(k)
- Total Participants: 149
- Total Assets: $19.0M
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 | 149 | $19.0M | $786,804 | $409,911 |
| 2023 | 143 | $17.1M | $661,478 | $330,200 |
| 2022 | 132 | $14.2M | $664,559 | $365,743 |
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 |
|---|---|---|---|---|
| WITHUM SMITH & BROWN, PC | Auditor | $19,084 | — | $19,084 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WITHUM SMITH & BROWN, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $19,084
- Estimated Expense Ratio: 0.100% 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 | $91,130 | $39,020 | $33,026 | $19,084 | — |
| 2023 | $100,059 | — | $61,339 | $38,720 | — |
| 2022 | $79,702 | $35,700 | — | — | $44,002 |