# Weave Communications, INC. 401(k) Plan
Source: https://planprovider.pro/companies/weave-communications-inc-401k-plan

> Weave Communications, INC.'s 401(k) plan: 732 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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](https://planprovider.pro/provider/onedigital-investment-advisors-llc) — INVESTMENT ADVISOR

- [FORVIS MAZARS, LLP](https://planprovider.pro/provider/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|—|—|

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