Plan Snapshot
- Plan Sponsor: Wipro Limited
- Sponsor EIN: 980154401
- Sponsor Address: 2 TOWER CENTER BLVD, EAST BRUNSWICK, NJ, 088161100
- Plan Type: 401(k)
- Total Participants: 11,079
- Total Assets: $831.2M
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. |
|---|---|---|---|---|
| 2024 | 11,079 | $831.2M | $27.6M | $77.2M |
| 2023 | 11,911 | $714.5M | $26.3M | $77.5M |
| 2022 | 7,040 | $605.8M | $20.3M | $71.9M |
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 |
|---|---|---|---|---|
| BAKER TILLY US, LLP | Auditor | $29,500 | — | $29,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BAKER TILLY US, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $29,500
- Estimated Expense Ratio: 0.004% 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 | $925,461 | — | — | $29,500 | — |
| 2023 | $739,610 | $60,556 | $598,668 | $20,000 | — |
| 2022 | $1,166,087 | $78,777 | $928,806 | — | $154,004 |