Plan Snapshot
- Plan Sponsor: Wallace Welch & Willingham INC.
- Sponsor EIN: 591203168
- Sponsor Address: 300 1ST AVE S, ST PETERSBURG, FL, 337014209
- Plan Type: 401(k)
- Total Participants: 0
- Total Assets: $0
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 | 0 | $0 | $253,289 | $725,827 |
| 2023 | 145 | $17.9M | $295,755 | $1.1M |
| 2022 | 127 | $14.6M | $269,440 | $975,317 |
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 | $93,006 | — | $93,006 |
| CAMBRIDGE INVESTMENT RESEARCH ADVIS | INVESTMENT ADVISORY | — | $17,356 | $17,356 |
| WALLACE WELCH & WILLINGH | ACCOUNTANT | $15,500 | — | $15,500 |
| KELLY PARTNERS (FRS) ATTEST SERVICE | Auditor | $8,500 | — | $8,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $134,362
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 | $57,128 | — | $48,628 | $8,500 | — |
| 2023 | $54,252 | — | $46,503 | $7,749 | — |
| 2022 | $48,840 | — | $48,840 | — | — |