Plan Snapshot
- Plan Sponsor: Wells Brothers, INC.
- Sponsor EIN: 311274234
- Sponsor Address: 105 SHUE DRIVE, ANNA, OH, 45302
- Plan Type: 401(k)
- Total Participants: 133
- Total Assets: $15.9M
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 | 133 | $15.9M | $419,408 | $1.1M |
| 2023 | 174 | $13.5M | $355,820 | $1.1M |
| 2022 | 147 | $11.0M | $353,682 | $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 |
|---|---|---|---|---|
| EVERHART FINANCIAL GROUP INC | INVESTMENT ADVISOR | — | $34,300 | $34,300 |
| CREATIVE RETIREMENT SYSTEMS, INC. | TPA | — | $7,123 | $7,123 |
| STROH JOHNSON COMPANY | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EVERHART FINANCIAL GROUP INC — INVESTMENT ADVISOR
- STROH JOHNSON COMPANY — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $41,423
- Estimated Expense Ratio: 0.261% 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 | $19,534 | — | — | — | — |
| 2023 | $13,655 | — | — | — | — |
| 2022 | $17,165 | — | — | — | — |