Plan Snapshot
- Plan Sponsor: Wellspace Health
- Sponsor EIN: 941713704
- Sponsor Address: 1500 EXPO PARKWAY, SACRAMENTO, CA, 95815
- Plan Type: 401(k)
- Total Participants: 872
- Total Assets: $26.3M
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 | 872 | $26.3M | $1.0M | $4.0M |
| 2023 | 1,013 | $20.2M | $803,809 | $3.3M |
| 2022 | 816 | $14.8M | $652,694 | $2.7M |
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. | RECORD KEEPER | $43,549 | — | $43,549 |
| GALLAGHER BENEFIT SERVICES | CONSULTANT | $27,755 | — | $27,755 |
| THE L. WARNER COMPANIES, INC | INVESTMENT/FINANCIAL ADVI | $21,835 | — | $21,835 |
| BFBA LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
- GALLAGHER BENEFIT SERVICES — CONSULTANT
- BFBA LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $93,139
- Estimated Expense Ratio: 0.354% 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 | $96,354 | $52,804 | — | — | — |
| 2023 | $69,861 | $52,450 | — | — | — |
| 2022 | $56,502 | — | — | — | — |