Plan Snapshot
- Plan Sponsor: Wedgewood, LLC
- Sponsor EIN: 320474995
- Sponsor Address: 2015 MANHATTAN BEACH BLVD. #100, REDONDO BEACH, CA, 90278
- Plan Type: 401(k)
- Total Participants: 307
- Total Assets: $29.7M
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 | 307 | $29.7M | $964,431 | $2.3M |
| 2023 | 365 | $26.4M | $991,453 | $2.5M |
| 2022 | 400 | $20.0M | $1.2M | $2.8M |
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 |
|---|---|---|---|---|
| PENSION ASSURANCE LLP | Auditor | $7,677 | — | $7,677 |
| JOHN HANCOCK LIFE INSURANCE COMPANY | RECORDKEEPER | $7,370 | — | $7,370 |
| WILSHIRE ASSOCIATES INC (USA) | RIA | $5,703 | — | $5,703 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PENSION ASSURANCE LLP — Auditor
- JOHN HANCOCK LIFE INSURANCE COMPANY — RECORDKEEPER
- WILSHIRE ASSOCIATES INC (USA) — RIA
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $20,750
- Estimated Expense Ratio: 0.070% 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 | $214,009 | $5,704 | $178,249 | $7,677 | — |
| 2023 | $181,357 | $11,120 | $141,148 | $22,349 | — |
| 2022 | $131,441 | $10,378 | $121,063 | — | — |