Plan Snapshot
- Plan Sponsor: Wel Companies, INC.
- Sponsor EIN: 391277617
- Sponsor Address: 1625 S BROADWAY, DEPERE, WI, 54115
- Plan Type: 401(k)
- Total Participants: 327
- Total Assets: $6.7M
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 | 327 | $6.7M | $226,219 | $1.0M |
| 2023 | 363 | $6.3M | $319,664 | $1.0M |
| 2022 | 433 | $5.5M | $285,911 | $1.0M |
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 |
|---|---|---|---|---|
| JOHN HANCOCK LIFE INSURANCE COMPANY | RECORD KEEPER | $41,918 | — | $41,918 |
| WILSHIRE ASSOCIATES, INC. | RETAINED BY EMPLOYER | $21,155 | — | $21,155 |
| HAWKINS ASH CPAS LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK LIFE INSURANCE COMPANY — RECORD KEEPER
- WILSHIRE ASSOCIATES, INC. — RETAINED BY EMPLOYER
- HAWKINS ASH CPAS LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $63,073
- Estimated Expense Ratio: 0.947% 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 | $64,760 | $21,903 | $41,918 | — | — |
| 2023 | $68,824 | — | — | — | — |
| 2022 | $65,902 | — | $65,902 | — | — |