Plan Snapshot
- Plan Sponsor: Wendel, LLC
- Sponsor EIN: 352461920
- Sponsor Address: 375 ESSJAY RD STE 200, WILLIAMSVILLE, NY, 142215789
- Plan Type: 401(k)
- Total Participants: 327
- Total Assets: $45.1M
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 | 327 | $45.1M | $849,415 | $2.5M |
| 2023 | 307 | $38.7M | $622,381 | $2.2M |
| 2022 | 274 | $32.3M | $579,885 | $2.0M |
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 |
|---|---|---|---|---|
| CETERA INVESTMENT ADVISERS LLC | INVESTMENT ADVISOR | $59,387 | — | $59,387 |
| EMPOWER LIFE & ANNUITY INSURANCE CO | RECORDKEEPER | $46,126 | — | $46,126 |
| FREED MAXICK | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $105,513
- Estimated Expense Ratio: 0.234% 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 | $105,675 | $59,549 | — | — | — |
| 2023 | $50,790 | $50,790 | — | — | — |
| 2022 | $73,688 | — | $73,688 | — | — |