# Wayne Action Group For Economic Solvency, INC. Health & Welfare Plan
Source: https://planprovider.pro/companies/wayne-action-group-for-economic-solvency-inc-566070824-501

> Wayne Action Group For Economic Solvency, INC.'s Health & Welfare plan: 174 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 Economic Solvency, INC.

- **Sponsor EIN:** 566070824

- **Sponsor Address:** 601 ROYALL AVE, GOLDSBORO, NC, 27534

- **Plan Type:** Health & Welfare

- **Plan Number:** 501

- **Total Participants:** 174

- **Total Assets:** $235,990

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

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

## Plan Financials by Year

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

| 2024|174|$235,990|$1.1M|$124,475|

| 2023|169|$0|$0|$0|

| 2022|169|$0|$0|$0|

## 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|

| ACS BENEFIT SERVICES, LLC|Recordkeeper|$62,625|—|$62,625|

| JRW ASSOCIATES, INC|Investment Advisor|$40,691|—|$40,691|

| THE BENECON GROUP, LLC|Investment Advisor|$22,667|—|$22,667|

| CONNECTCARE3, LLC|Other Service Provider|$7,874|—|$7,874|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $133,857

- **Estimated Expense Ratio:** 56.721% 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|$133,857|—|$62,625|—|—|

| 2023|—|—|—|—|—|

| 2022|—|—|—|—|—|

## Similar Plans

- [Easter Seals Ucp North Carolina & Virginia, INC](https://planprovider.pro/companies/easter-seals-ucp-north-carolina-virginia-inc-560670676-501) — 1,301 participants

- [Monarch](https://planprovider.pro/companies/monarch-561922385-501) — 608 participants

- [Telamon Corporation](https://planprovider.pro/companies/telamon-corporation-403b-plan-002) — 563 participants

- [Workplace Options, LLC](https://planprovider.pro/companies/workplace-options-llc-401k-plan) — 391 participants

- [Wayne Action Group For Economi](https://planprovider.pro/companies/wayne-action-group-for-economic-solvency-inc-plan-001) — 363 participants

- [Children'S Home Society Of North Carolina, INC.](https://planprovider.pro/companies/children-s-home-society-of-north-carolina-inc-560529946-004) — 345 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/wayne-action-group-for-economic-solvency-inc-566070824-501)

© 2026 PlanProvider.Pro