# Wayne Action Group For Economi 403(b) Plan
Source: https://planprovider.pro/companies/wayne-action-group-for-economic-solvency-inc-403b-plan

> Wayne Action Group For Economi&#39;s 403(b) plan: 300 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Wayne Action Group For Economi

- **Sponsor EIN:** 566070824

- **Sponsor Address:** 601 ROYALL AVE, GOLDSBORO, NC, 275342570

- **Plan Type:** 403(b)

- **Total Participants:** 300

- **Total Assets:** $832,473

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **Participant Loans:** No

- **Participant-Directed Investments:** Yes

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|300|$832,473|$0|$94,376|

| 2023|298|$674,861|$0|$75,485|

| 2022|244|$587,387|$0|$88,426|

## 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|

| BARROW, PARRIS, & DAVENPORT, PA|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|$949|—|—|—|—|

| 2023|$401|—|—|—|—|

| 2022|$727|—|—|—|—|

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