Plan Snapshot
- Plan Sponsor: Wepfer Marine, INC.
- Sponsor EIN: 620843746
- Sponsor Address: P. O. BOX 13363, MEMPHIS, TN, 381130363
- Plan Type: 401(k)
- Total Participants: 272
- Total Assets: $5.6M
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 | 272 | $5.6M | $182,026 | $517,253 |
| 2023 | 273 | $4.8M | $183,714 | $512,480 |
| 2022 | 258 | $4.1M | $177,877 | $486,816 |
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 |
|---|---|---|---|---|
| CBIZ CPAS P.C. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $33,335 | — | $33,335 | — | — |
| 2023 | $31,296 | — | $31,296 | — | — |
| 2022 | $33,625 | — | $33,625 | — | — |