Plan Snapshot
- Plan Sponsor: Wesley Housing Corporation Of Memphis, INC.
- Sponsor EIN: 237046413
- Sponsor Address: 1615 APPLING RD, CORDOVA, TN, 380164907
- Plan Type: DC
- Total Participants: 138
- Total Assets: $3.1M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 138 | $3.1M | $137,043 | $279,747 |
| 2023 | 147 | $2.6M | $121,438 | $277,206 |
| 2022 | 152 | $2.9M | $116,622 | $251,969 |
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 |
|---|---|---|---|---|
| DAUBY O'CONNOR & ZALESKI, LLC | 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 | $68,837 | $20,926 | $47,911 | — | — |
| 2023 | $70,997 | $22,243 | $48,754 | — | — |
| 2022 | $72,460 | $22,571 | $49,889 | — | — |