Plan Snapshot
- Plan Sponsor: Wellspring Philanthropic Fund, INC.
- Sponsor EIN: 223692921
- Sponsor Address: 10 TIMES SQ., 1441 BROADWAY, NEW YORK, NY, 10018
- Plan Type: DC
- Total Participants: 146
- Total Assets: $44.5M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 146 | $44.5M | $3.8M | $2.0M |
| 2023 | 146 | $36.2M | $3.7M | $1.9M |
| 2022 | 137 | $27.6M | $3.2M | $1.7M |
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 |
|---|---|---|---|---|
| CLARK NUBER P.S. | Auditor | — | — | $0 |
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 | $24,959 | $20,984 | $3,625 | — | — |
| 2023 | $21,695 | $18,152 | $2,600 | — | — |
| 2022 | $17,576 | $14,776 | $2,800 | — | — |