Plan Snapshot
- Plan Sponsor: Welbehealth LLC
- Sponsor EIN: 474992647
- Sponsor Address: 440 N. BARRANCA AVE, COVINA, CA, 91723
- Plan Type: 401(k)
- Total Participants: 1,854
- Total Assets: $39.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,854 | $39.5M | $4.1M | $9.4M |
| 2023 | 1,502 | $24.2M | $3.0M | $7.0M |
| 2022 | 1,063 | $10.7M | $1.9M | $4.4M |
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 |
|---|---|---|---|---|
| VOYA RETIREMENT INSURANCE & ANNUITY | SERVICE PROVIDER | $190,997 | — | $190,997 |
| NFP RETIREMENT INC | SERVICE PROVIDER | — | $97,722 | $97,722 |
| VOYA RETIREMENT ADVISORS, LLC | SERVICE PROVIDER | $7,681 | — | $7,681 |
| APRIO LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NFP RETIREMENT INC — SERVICE PROVIDER
- APRIO LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $296,400
- Estimated Expense Ratio: 0.751% 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 | $197,388 | $9,991 | $178,397 | — | — |
| 2023 | $100,645 | $4,274 | $91,121 | — | — |
| 2022 | $35,281 | — | — | — | — |