Plan Snapshot
- Plan Sponsor: Wet Enterprises, INC.
- Sponsor EIN: 953899593
- Sponsor Address: 10827 SHERMAN WAY, SUN VALLEY, CA, 91352
- Plan Type: 401(k)
- Total Participants: 216
- Total Assets: $19.7M
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 | 216 | $19.7M | $0 | $1.2M |
| 2023 | 186 | $18.1M | $0 | $965,308 |
| 2022 | 172 | $15.7M | $0 | $956,907 |
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 |
|---|---|---|---|---|
| JONES & MALHOTRA | 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 | $53,784 | $45,518 | — | — | — |
| 2023 | $45,294 | $39,572 | — | — | — |
| 2022 | $47,577 | — | — | — | — |