Plan Snapshot
- Plan Sponsor: Wc Administrators, LLC
- Sponsor EIN: 201663072
- Sponsor Address: 6995 UNION PARK CENTER #320, MIDVALE, UT, 84047
- Plan Type: 401(k)
- Total Participants: 632
- Total Assets: $16.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 632 | $16.3M | $253,249 | $493,682 |
| 2023 | 10 | $4.2M | $21,093 | $96,186 |
| 2022 | 10 | $3.4M | $20,061 | $117,226 |
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 |
|---|---|---|---|---|
| GLOBAL RETIREMENT PARTNERS, LLC | SERVICE PROVIDER | $2,262 | $30,404 | $32,666 |
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $8,129 | — | $8,129 |
| LPL FINANCIAL CORPORATION | SERVICE PROVIDER | — | $7,369 | $7,369 |
| LARSON & COMPANY, PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GLOBAL RETIREMENT PARTNERS, LLC — SERVICE PROVIDER
- LARSON & COMPANY, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $48,164
- Estimated Expense Ratio: 0.295% 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 | $33,794 | $2,459 | $30,785 | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |