Plan Snapshot
- Plan Sponsor: Weave Communications, INC.
- Sponsor EIN: 263302902
- Sponsor Address: 1331 W POWELL WAY, LEHI, UT, 84043
- Plan Type: 401(k)
- Total Participants: 732
- Total Assets: $38.8M
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 | 732 | $38.8M | $3.5M | $5.2M |
| 2023 | 700 | $27.9M | $3.1M | $4.5M |
| 2022 | 729 | $17.8M | $2.7M | $4.2M |
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 |
|---|---|---|---|---|
| ONEDIGITAL INVESTMENT ADVISORS LLC | INVESTMENT ADVISOR | $50,578 | — | $50,578 |
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $47,893 | — | $47,893 |
| RESOURCES INVESTMENT ADVISORS, LLC | INVESTMENT MGMT | $21,800 | — | $21,800 |
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ONEDIGITAL INVESTMENT ADVISORS LLC — INVESTMENT ADVISOR
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $120,271
- Estimated Expense Ratio: 0.310% 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 | $120,271 | $72,378 | — | — | — |
| 2023 | $93,087 | $51,882 | — | — | — |
| 2022 | $59,689 | — | $59,689 | — | — |