Plan Snapshot
- Plan Sponsor: Wenco Industries, INC.
- Sponsor EIN: 840820842
- Sponsor Address: 8108 N ACADEMY, COLORADO SPRINGS, CO, 80920
- Plan Type: 401(k)
- Total Participants: 151
- Total Assets: $2.5M
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 | 151 | $2.5M | $133,662 | $366,904 |
| 2023 | 188 | $2.0M | $57,137 | $311,161 |
| 2022 | 121 | $1.5M | $43,201 | $229,161 |
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 |
|---|---|---|---|---|
| ASCENSUS LLC | Other Service Provider | $35,874 | — | $35,874 |
| ASHTON THOMAS PRIVATE WEALTH | Other Service Provider | $8,026 | — | $8,026 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $43,900
- Estimated Expense Ratio: 1.733% 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 | $44,792 | $8,918 | $35,874 | — | — |
| 2023 | $28,347 | $24,308 | — | — | — |
| 2022 | $22,441 | — | — | — | — |