Plan Snapshot
- Plan Sponsor: Weltman, Weinberg & Reis Co., L.P.A
- Sponsor EIN: 341095923
- Sponsor Address: 5990 WEST CREEK RD, INDEPENDENCE, OH, 44131
- Plan Type: 401(k)
- Total Participants: 636
- Total Assets: $58.5M
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 | 636 | $58.5M | $1.4M | $3.2M |
| 2023 | 552 | $53.0M | $749,769 | $2.9M |
| 2022 | 532 | $45.2M | $863,796 | $2.6M |
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 |
|---|---|---|---|---|
| SCHWAB RETIREMENT PLAN SERVICES INC | NONE | $118,393 | — | $118,393 |
| KLOPP INVESTMENT MANAGEMENT LL | NONE | $14,114 | — | $14,114 |
| CIUNI & PANICHI, INC. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $132,507
- Estimated Expense Ratio: 0.226% 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 | $132,762 | $116,449 | — | — | — |
| 2023 | $124,119 | $99,629 | — | — | — |
| 2022 | $117,768 | $10,807 | — | — | — |