Plan Snapshot
- Plan Sponsor: Weidenhammer Systems Corporation
- Sponsor EIN: 232054990
- Sponsor Address: 1105 BERKSHIRE BLVD, SUITE 370, WYOMISSING, PA, 19610
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 79
- Total Assets: $395,019
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 79 | $395,019 | $0 | $0 |
| 2024 | 72 | $92,262 | $1.4M | $500,415 |
| 2023 | 83 | $77,045 | $1.4M | $471,901 |
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 |
|---|---|---|---|---|
| ENGLE-HAMBRIGHT & DAVIES, INC. | Investment Advisor | $30,510 | — | $30,510 |
| THE BENECON GROUP, LLC | Investment Advisor | $21,685 | — | $21,685 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $52,195
- Estimated Expense Ratio: 13.213% 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 |
|---|---|---|---|---|---|
| 2025 | $1,945,432 | — | — | — | — |
| 2024 | $1,868,009 | — | — | — | — |
| 2023 | $2,196,629 | — | — | — | — |