Plan Snapshot
- Plan Sponsor: Wedgwood Christian Services
- Sponsor EIN: 381918221
- Sponsor Address: 3300 36TH STREET SE, GRAND RAPIDS, MI, 49512
- Plan Type: 403(b)
- Total Participants: 409
- Total Assets: $8.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 409 | $8.7M | $184,390 | $779,029 |
| 2023 | 366 | $8.1M | $142,599 | $649,037 |
| 2022 | 339 | $6.7M | $118,048 | $497,534 |
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 |
|---|---|---|---|---|
| LINCOLN NATIONAL CORPORATION | SERVICE PROVIDER | $28,927 | — | $28,927 |
| HUNGERFORD NICHOLS | AUDITOR | $16,418 | — | $16,418 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LINCOLN NATIONAL CORPORATION — SERVICE PROVIDER
- HUNGERFORD NICHOLS — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $45,345
- Estimated Expense Ratio: 0.518% 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 | $50,284 | $3,988 | $28,951 | $16,418 | — |
| 2023 | $37,080 | — | $25,129 | $8,000 | — |
| 2022 | $60,382 | — | $50,073 | — | $10,309 |