Plan Snapshot
- Plan Sponsor: Western National Properties Dba Western National Group
- Sponsor EIN: 330848232
- Sponsor Address: 8 EXECUTIVE CIRCLE, IRVINE, CA, 92614
- Plan Type: 401(k)
- Total Participants: 824
- Total Assets: $58.3M
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 | 824 | $58.3M | $1.3M | $3.7M |
| 2023 | 837 | $50.8M | $1.2M | $3.5M |
| 2022 | 847 | $44.0M | $1.1M | $3.4M |
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 |
|---|---|---|---|---|
| EMPOWER ADVISORY INS CO OF AMERICA | Recordkeeper | $95,051 | — | $95,051 |
| EMPOWER ADVISORY GROUP, LLC | Other Service Provider | $83,838 | — | $83,838 |
| ACTUARIAL BENEFITS CORP | Other Service Provider | $63,930 | $10,000 | $73,930 |
| WORLD INVESTMENT ADVISORS LLC | Investment Advisor | $58,888 | — | $58,888 |
| MARCUM LLP | Auditor | $20,600 | — | $20,600 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $332,307
- Estimated Expense Ratio: 0.570% 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 | $233,872 | — | $233,872 | — | — |
| 2023 | $206,970 | — | $206,970 | — | — |
| 2022 | $227,178 | — | $196,828 | — | $30,350 |