Plan Snapshot
- Plan Sponsor: Wesco, INC.
- Sponsor EIN: 382184520
- Sponsor Address: 1460 WHITEHALL ROAD, NORTH MUSKEGON, MI, 49445
- Plan Type: 401(k)
- Total Participants: 1,296
- Total Assets: $33.8M
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 | 1,296 | $33.8M | $281,045 | $3.0M |
| 2023 | 1,399 | $34.3M | $278,548 | $3.0M |
| 2022 | 1,437 | $28.6M | $250,536 | $2.7M |
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 |
|---|---|---|---|---|
| ALERUS FINANCIAL, N.A. | RECORDKEEPER | $217,151 | — | $217,151 |
| PLANTE MORAN PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALERUS FINANCIAL, N.A. — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $217,151
- Estimated Expense Ratio: 0.642% 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 | $217,151 | — | $68,488 | — | — |
| 2023 | $116,060 | — | $78,040 | — | — |
| 2022 | $118,602 | $68,965 | $49,637 | — | — |