Plan Snapshot
- Plan Sponsor: Wellspire, LLC
- Sponsor EIN: 833724025
- Sponsor Address: 5508 NW 88TH STREET, JOHNSTON, IA, 50131
- Plan Type: 401(k)
- Total Participants: 306
- Total Assets: $2.3M
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 | 306 | $2.3M | $104,072 | $596,184 |
| 2023 | 477 | $2.1M | $73,477 | $520,387 |
| 2022 | 279 | $1.7M | $64,517 | $414,257 |
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 |
|---|---|---|---|---|
| ONEAMERICA RETIREMENT SERVICES LLC | Other Service Provider | $15,197 | — | $15,197 |
| AMERICAN TRUST COMPANY | Other Service Provider | $12,576 | — | $12,576 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $27,773
- Estimated Expense Ratio: 1.184% 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 | $28,685 | $912 | — | — | — |
| 2023 | $38,596 | — | — | — | — |
| 2022 | $10,785 | — | — | — | — |