Plan Snapshot
- Plan Sponsor: Whip Networks, INC.
- Sponsor EIN: 510632464
- Sponsor Address: 3101 OCEAN PARK BLVD, SANTA MONICA, CA, 90405
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 0
- Total Assets: $0
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. |
|---|---|---|---|---|
| 2025 | 0 | $0 | $0 | $385,587 |
| 2024 | 70 | $6.9M | $0 | $728,676 |
| 2023 | 95 | $7.1M | $0 | $1.1M |
| 2022 | 126 | $5.5M | $25,084 | $1.4M |
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 |
|---|---|---|---|---|
| THE VANGUARD GROUP, INC. | Other Service Provider | $5,895 | — | $5,895 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $5,895
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 |
|---|---|---|---|---|---|
| 2025 | $1,334,726 | — | — | — | — |
| 2024 | $5,895 | — | $5,895 | — | — |
| 2023 | $2,205 | — | $2,205 | — | — |
| 2022 | $8,819 | — | $8,819 | — | — |