Plan Snapshot
- Plan Sponsor: Wise Us, INC.
- Sponsor EIN: 453233521
- Sponsor Address: FOUNTAIN SQUARE 2,, TAMPA, FL, 33634
- Plan Type: 401(k)
- Total Participants: 761
- Total Assets: $14.8M
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 | 761 | $14.8M | $1.6M | $2.9M |
| 2023 | 661 | $10.4M | $1.3M | $2.4M |
| 2022 | 535 | $5.6M | $764,582 | $1.5M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $134,385 | — | $134,385 |
| PRINCIPAL SECURITIES INC | OTHER SERVICES | — | $39,002 | $39,002 |
| PENSION ASSURANCE | ACCOUNTANT | — | $14,500 | $14,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PENSION ASSURANCE — ACCOUNTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $187,887
- Estimated Expense Ratio: 1.267% 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 | $134,385 | — | $134,385 | — | — |
| 2023 | $43,340 | — | $43,340 | — | — |
| 2022 | $11,595 | — | $11,595 | — | — |