Plan Snapshot
- Plan Sponsor: Wisconsin Women'S Business Initiative Corp
- Sponsor EIN: 391597954
- Sponsor Address: 1533 RIVERCENTER DRIVE, MILWAUKEE, WI, 532123913
- Plan Type: 403(b)
- Plan Number: 001
- Total Participants: 53
- Total Assets: $2.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: Yes
- 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 | 53 | $2.7M | $174,667 | $270,474 |
| 2023 | 49 | $2.3M | $132,724 | $300,198 |
| 2022 | 58 | $2.3M | $149,277 | $161,745 |
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 |
|---|---|---|---|---|
| LINCOLN NATIONAL CORPORATION | Recordkeeper | $29,432 | — | $29,432 |
| GLOBAL RETIREMENT PARTNERS, LLP | Investment Advisor | $7,266 | — | $7,266 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LINCOLN NATIONAL CORPORATION — Recordkeeper
- GLOBAL RETIREMENT PARTNERS, LLP — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $36,698
- Estimated Expense Ratio: 1.377% 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 | $39,276 | — | $29,432 | $9,844 | — |
| 2023 | $807,482 | — | — | — | — |
| 2022 | $381,603 | — | — | — | — |