Plan Snapshot
- Plan Sponsor: Wgu Corporation
- Sponsor EIN: 841383926
- Sponsor Address: 4001 SOUTH 700 EAST, SUITE 700, SALT LAKE CITY, UT, 84107
- Plan Type: 403(b)
- Total Participants: 9,058
- Total Assets: $532.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 9,058 | $532.7M | $33.3M | $37.9M |
| 2023 | 8,497 | $431.1M | $29.5M | $32.7M |
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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS | RECORD KEEPER | $979,830 | — | $979,830 |
| KESTRA ADVISORY SERVICES LLC | INVESTMENT ADVISOR | $184,000 | — | $184,000 |
| CBIZ CPAS, P.C. | AUDITOR | $24,150 | — | $24,150 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS — RECORD KEEPER
- KESTRA ADVISORY SERVICES LLC — INVESTMENT ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,187,980
- Estimated Expense Ratio: 0.223% 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 | $1,187,980 | $184,000 | — | $24,150 | — |
| 2023 | $1,061,118 | $277,000 | — | $20,213 | — |