Plan Snapshot
- Plan Sponsor: Wand Newco 3, INC.
- Sponsor EIN: 822856885
- Sponsor Address: 2941 LAKE VISTA DRIVE, LEWISVILLE, TX, 75067
- Plan Type: 401(k)
- Total Participants: 35,161
- Total Assets: $695.2M
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. |
|---|---|---|---|---|
| 2023 | 35,161 | $695.2M | $28.3M | $109.4M |
| 2022 | 27,270 | $512.7M | $21.8M | $86.9M |
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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS | RECORD KEEPER | $3,133,484 | — | $3,133,484 |
| SAGEVIEW ADVISORY GROUP LLC | CONSULTANT | $80,434 | — | $80,434 |
| BAKER TILLY VIRCHOW KRAUSE LLP | AUDITOR | $68,250 | — | $68,250 |
| CAPFINANCIAL PARTNERS LLC | ADVISOR | $47,500 | — | $47,500 |
| CROWE LLP | Auditor | $34,125 | — | $34,125 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS — RECORD KEEPER
- SAGEVIEW ADVISORY GROUP LLC — CONSULTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,363,793
- Estimated Expense Ratio: 0.484% 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 |
|---|---|---|---|---|---|
| 2023 | $1,664,834 | $63,967 | — | $34,125 | — |
| 2022 | $1,305,257 | $46,882 | — | — | $35,490 |