Plan Snapshot
- Plan Sponsor: Wells Enterprises, INC.
- Sponsor EIN: 421080796
- Sponsor Address: 1 BLUE BUNNY DRIVE, LE MARS, IA, 510311310
- Plan Type: 401(k)
- Total Participants: 3,761
- Total Assets: $445.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 3,761 | $445.8M | $14.3M | $20.6M |
| 2023 | 3,780 | $396.2M | $13.6M | $20.1M |
| 2022 | 3,998 | $337.4M | $13.0M | $19.3M |
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 |
|---|---|---|---|---|
| FORVIS MAZARS LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $422,811 | — | $422,811 | — | — |
| 2023 | $435,432 | — | $435,432 | — | — |
| 2022 | $450,748 | — | $450,748 | — | — |