Plan Snapshot
- Plan Sponsor: Welldyne Rx LLC.
- Sponsor EIN: 841515837
- Sponsor Address: 500 EAGLES LANDING DR, LAKELAND, FL, 33810
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 649
- Total Assets: $32.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- 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 | 649 | $32.7M | $1.4M | $3.2M |
| 2023 | 587 | $27.3M | $1.3M | $3.1M |
| 2022 | 484 | $22.6M | $1.5M | $3.5M |
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 |
|---|---|---|---|---|
| ADP, INC. | Recordkeeper | $41,575 | — | $41,575 |
| RESOURCES INVESTMENT ADVISORS, INC. | Recordkeeper | $19,813 | — | $19,813 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — Recordkeeper
- RESOURCES INVESTMENT ADVISORS, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $61,388
- Estimated Expense Ratio: 0.188% 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 | $61,389 | — | — | — | — |
| 2023 | $51,347 | — | — | — | — |
| 2022 | $55,322 | — | — | — | — |