Plan Snapshot
- Plan Sponsor: Weastec, INC.
- Sponsor EIN: 311176515
- Sponsor Address: 1600 NORTH HIGH STREET, HILLSBORO, OH, 45133
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 152
- Total Assets: $19.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 152 | $19.0M | $418,499 | $935,681 |
| 2023 | 161 | $18.5M | $373,382 | $830,441 |
| 2022 | 145 | $14.7M | $315,762 | $708,432 |
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 |
|---|---|---|---|---|
| HORAN SECURITIES INC | Investment Advisor | $52,760 | — | $52,760 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $8,597 | — | $8,597 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $61,357
- Estimated Expense Ratio: 0.323% 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 | $61,357 | $52,760 | — | — | — |
| 2023 | $38,827 | $50,191 | — | — | — |
| 2022 | $40,054 | — | — | — | — |