Plan Snapshot
- Plan Sponsor: Western Arkansas Counseling & Guidance Center, INC.
- Sponsor EIN: 237015826
- Sponsor Address: PO BOX 11818, FORT SMITH, AR, 72917
- Plan Type: 401(k)
- Total Participants: 221
- Total Assets: $5.4M
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 | 221 | $5.4M | $157,122 | $279,888 |
| 2023 | 313 | $5.3M | $332 | $261,619 |
| 2022 | 244 | $4.8M | $166,379 | $286,951 |
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 |
|---|---|---|---|---|
| FIRST NATIONAL BANK OF FORT SMITH | Other Service Provider | $22,287 | — | $22,287 |
| PRONVEST | Other Service Provider | $11,096 | — | $11,096 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $33,383
- Estimated Expense Ratio: 0.622% 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 | $33,383 | — | $8,621 | — | — |
| 2023 | $31,819 | $8,436 | $23,383 | — | — |
| 2022 | $36,908 | — | — | — | — |