Plan Snapshot
- Plan Sponsor: Wilber & Associates PC
- Sponsor EIN: 421628021
- Sponsor Address: 210 LANDMARK DR, NORMAL, IL, 617612119
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 235
- Total Assets: $13.8M
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. |
|---|---|---|---|---|
| 2025 | 235 | $13.8M | $0 | $0 |
| 2024 | 175 | $11.9M | $483,407 | $915,258 |
| 2023 | 145 | $8.9M | $371,050 | $744,906 |
| 2022 | 109 | $6.6M | $274,193 | $576,820 |
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 | $27,046 | — | $27,046 |
| LPL FINANCIAL | Investment Advisor | $26,806 | — | $26,806 |
| QUORUM CONSULTING GROUP | Recordkeeper | $12,875 | — | $12,875 |
| ASCENSUS, LLC | Recordkeeper | $10,591 | — | $10,591 |
| STRIEGEL KNOBLOCH | Other Service Provider | $10,250 | — | $10,250 |
| LPL FINANCIAL LLC - RPCP | Investment Advisor | — | $9,455 | $9,455 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $97,023
- Estimated Expense Ratio: 0.704% 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 |
|---|---|---|---|---|---|
| 2025 | $1,348,844 | — | $52,013 | — | — |
| 2024 | $46,774 | — | $46,774 | — | — |
| 2023 | $45,088 | — | $45,088 | — | — |
| 2022 | $49,567 | $290 | $49,277 | — | — |