Plan Snapshot
- Plan Sponsor: Wesley Financial Group, LLC
- Sponsor EIN: 454049154
- Sponsor Address: 9009 CAROTHERS PARKWAY, FRANKLIN, TN, 37067
- Plan Type: 401(k)
- Total Participants: 272
- Total Assets: $8.3M
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 | 272 | $8.3M | $668,941 | $1.4M |
| 2023 | 305 | $6.3M | $501,170 | $1.2M |
| 2022 | 254 | $4.1M | $393,465 | $1.0M |
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 |
|---|---|---|---|---|
| CARR, RIGGS, & INGRAM L.L.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 | $12,950 | — | $12,950 | — | — |
| 2023 | $13,561 | — | $13,561 | — | — |
| 2022 | $8,751 | — | $8,751 | — | — |