Plan Snapshot
- Plan Sponsor: Wheeler Mission Ministries, INC.
- Sponsor EIN: 350888771
- Sponsor Address: 205 EAST NEW YORK STREET, INDIANAPOLIS, IN, 462042114
- Plan Type: 403(b)
- Plan Number: 001
- Total Participants: 196
- Total Assets: $7.2M
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 | 196 | $7.2M | $342,065 | $338,385 |
| 2023 | 190 | $6.8M | $356,073 | $372,823 |
| 2022 | 189 | $4.8M | $298,709 | $320,977 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $46,380 | — | $46,380 |
| MORGAN STANLEY | Recordkeeper | — | $14,182 | $14,182 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $60,562
- Estimated Expense Ratio: 0.840% 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 | $46,380 | — | $46,380 | — | — |
| 2023 | $38,599 | — | $38,599 | — | — |
| 2022 | $32,715 | — | $32,715 | — | — |