Plan Snapshot
- Plan Sponsor: Wendy'S Of Colorado Springs, INC.
- Sponsor EIN: 840706429
- Sponsor Address: 1515 N ACADEMY BLVD, SUITE 400, COLORADO SPRINGS, CO, 80909
- Plan Type: 401(k)
- Total Participants: 4,935
- Total Assets: $9.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 4,935 | $9.2M | $474,269 | $991,631 |
| 2023 | 5,099 | $8.3M | $427,677 | $816,242 |
| 2022 | 5,313 | $6.9M | $459,458 | $911,212 |
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 |
|---|---|---|---|---|
| RPG CONSULTANTS | Other Service Provider | $46,378 | — | $46,378 |
| EXPAND FINANCIAL | Other Service Provider | $19,501 | — | $19,501 |
| PRECISION WEALTH MANAGEMENT | Other Service Provider | $18,931 | — | $18,931 |
| CHARLES SCHWAB TRUST BANK | Recordkeeper | $6,553 | — | $6,553 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CHARLES SCHWAB TRUST BANK — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $91,363
- Estimated Expense Ratio: 0.995% 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 | $95,321 | — | $95,321 | — | — |
| 2023 | $87,913 | — | $87,913 | — | — |
| 2022 | $82,487 | — | — | — | $82,487 |