Plan Snapshot
- Plan Sponsor: Wadman Corporation
- Sponsor EIN: 870391113
- Sponsor Address: 2920 SOUTH 925 WEST, OGDEN, UT, 84401
- Plan Type: 401(k)
- Total Participants: 193
- Total Assets: $10.9M
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 | 193 | $10.9M | $364,451 | $690,003 |
| 2023 | 197 | $10.0M | $267,568 | $679,849 |
| 2022 | 191 | $8.5M | $246,199 | $613,203 |
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 |
|---|---|---|---|---|
| CHILD RICHARDS CPA AND ADVISORS | 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 | $38,116 | — | — | — | — |
| 2023 | $33,419 | — | — | — | — |
| 2022 | $32,222 | — | — | — | — |