Plan Snapshot
- Plan Sponsor: Wilmington Savings Fund Society, Fsb
- Sponsor EIN: 510054940
- Sponsor Address: 500 DELAWARE AVENUE, WILMINGTON, DE, 19801
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 2,930
- Total Assets: $304.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 2,930 | $304.8M | $0 | $0 |
| 2024 | 3,114 | $260.1M | $10.3M | $16.6M |
| 2023 | 2,427 | $219.9M | $9.9M | $15.6M |
| 2022 | 2,371 | $178.8M | $9.4M | $14.5M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | Other Service Provider | $202,551 | — | $202,551 |
| EQUITABLE ADVISORS LL | Other Service Provider | $87,165 | — | $87,165 |
| WEB401K | Other Service Provider | $18,500 | — | $18,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $308,216
- Estimated Expense Ratio: 0.101% 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 | $29,706,366 | $87,165 | — | — | — |
| 2024 | $272,836 | — | — | — | — |
| 2023 | $224,346 | — | — | — | — |
| 2022 | $207,455 | — | $207,455 | — | — |