Plan Snapshot
- Plan Sponsor: Wendricks Truss, INC.
- Sponsor EIN: 382438818
- Sponsor Address: W5728 OLD US 2 ROAD #43, HERMANSVILLE, MI, 49847
- Plan Type: 401(k)
- Total Participants: 140
- Total Assets: $6.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 140 | $6.8M | $302,977 | $399,383 |
| 2023 | 136 | $6.3M | $345,211 | $333,184 |
| 2022 | 122 | $5.0M | $289,086 | $242,186 |
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 |
|---|---|---|---|---|
| PRINCIPAL FINANCIAL GROUP | Recordkeeper | $9,447 | — | $9,447 |
| WIPFLI LLP | Recordkeeper | $5,709 | — | $5,709 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WIPFLI LLP — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $15,156
- Estimated Expense Ratio: 0.222% 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 | $17,362 | $2,206 | $9,447 | — | — |
| 2023 | $9,068 | — | $9,068 | — | — |
| 2022 | $10,128 | — | $10,128 | — | — |