Plan Snapshot
- Plan Sponsor: Wework Management LLC
- Sponsor EIN: 273869551
- Sponsor Address: 71 5TH AVE, NEW YORK, NY, 10003
- Plan Type: 401(k)
- Total Participants: 1,320
- Total Assets: $161.8M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 1,320 | $161.8M | $0 | $9.8M |
| 2023 | 1,318 | $152.4M | $0 | $14.4M |
| 2022 | 1,879 | $140.6M | $4.6M | $20.0M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $119,211 | — | $119,211 |
| MOSS ADAMS LLP | ACCOUNTANT/AUDITOR | $31,395 | — | $31,395 |
| BAKER TILLY US, LLP | Auditor | $31,395 | — | $31,395 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- MOSS ADAMS LLP — ACCOUNTANT/AUDITOR
- BAKER TILLY US, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $182,001
- Estimated Expense Ratio: 0.113% 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 | $233,844 | — | — | $31,395 | — |
| 2023 | $269,872 | — | — | — | — |
| 2022 | $219,288 | — | — | — | — |