Plan Snapshot
- Plan Sponsor: Wellpath Holdings, INC.
- Sponsor EIN: 831316669
- Sponsor Address: 6550 CAROTHERS PARKWAY SUITE 500, FRANKLIN, TN, 37067
- Plan Type: 401(k)
- Total Participants: 12,377
- Total Assets: $285.8M
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 | 12,377 | $285.8M | $5.8M | $44.0M |
| 2023 | 14,314 | $255.9M | $3.3M | $39.4M |
| 2022 | 11,221 | $210.4M | $8.6M | $35.1M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $665,548 | — | $665,548 |
| CREATIVE PLANNING | CONSULTANT | $52,500 | — | $52,500 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $24,163 | — | $24,163 |
| LBMC | ACCOUNTANT/AUDITOR | $17,000 | — | $17,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- CREATIVE PLANNING — CONSULTANT
- STRATEGIC ADVISORS, INC. — ADVISOR
- LBMC — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $759,211
- Estimated Expense Ratio: 0.266% 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 | $761,461 | $24,163 | — | $17,000 | — |
| 2023 | $784,446 | $2,370 | — | $23,000 | — |
| 2022 | $547,922 | $77,500 | $414,619 | — | $26,500 |