Plan Snapshot
- Plan Sponsor: Wartsila Holding, INC.
- Sponsor EIN: 953418625
- Sponsor Address: 11710 N. GESSNER ROAD SUITE A, HOUSTON, TX, 77064
- Plan Type: 401(k)
- Total Participants: 1,063
- Total Assets: $193.0M
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 | 1,063 | $193.0M | $9.5M | $9.4M |
| 2023 | 900 | $163.9M | $8.2M | $8.4M |
| 2022 | 907 | $160.2M | $7.5M | $8.0M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $62,798 | — | $62,798 |
| WEAVER & TIDWELL LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WEAVER & TIDWELL LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $62,798
- Estimated Expense Ratio: 0.033% 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 | $62,798 | — | — | — | — |
| 2023 | $112,155 | — | $95,555 | $15,450 | — |
| 2022 | $154,507 | — | $139,386 | — | — |