Plan Snapshot
- Plan Sponsor: Waibel Energy Systems, INC.
- Sponsor EIN: 311258152
- Sponsor Address: 815 FALLS CREEK DR, VANDALIA, OH, 45377
- Plan Type: 401(k)
- Total Participants: 123
- Total Assets: $19.3M
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 | 123 | $19.3M | $657,617 | $903,726 |
| 2023 | 125 | $18.6M | $562,481 | $912,632 |
| 2022 | 126 | $15.7M | $503,242 | $852,753 |
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 |
|---|---|---|---|---|
| BRADY WARE & SCHOENFELD, INC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BRADY WARE & SCHOENFELD, INC — Auditor
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 | $80,286 | — | $80,286 | — | — |
| 2023 | $73,438 | — | $73,438 | — | — |
| 2022 | $76,525 | — | — | — | $76,525 |