Plan Snapshot
- Plan Sponsor: Wesley Hall Furniture, INC.
- Sponsor EIN: 561642631
- Sponsor Address: P.O. BOX 9, HICKORY, NC, 28603
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 270
- Total Assets: $12.0M
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. |
|---|---|---|---|---|
| 2025 | 270 | $12.0M | $0 | $0 |
| 2024 | 253 | $10.8M | $193,493 | $566,626 |
| 2023 | 256 | $9.3M | $179,449 | $507,198 |
| 2022 | 245 | $8.4M | $163,209 | $465,101 |
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 |
|---|---|---|---|---|
| PRONVEST | Investment Advisor | $23,339 | — | $23,339 |
| FUND DIRECT ADVISORS | Investment Advisor | $16,398 | — | $16,398 |
| AT RETIREMENT SERVICES | Other Service Provider | $16,337 | — | $16,337 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $56,074
- Estimated Expense Ratio: 0.468% 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 |
|---|---|---|---|---|---|
| 2025 | $1,360,519 | — | — | $39,738 | — |
| 2024 | $43,031 | — | — | $36,679 | — |
| 2023 | $38,263 | — | — | — | — |
| 2022 | $36,928 | — | — | — | $36,928 |