# Wise Foods, INC. 401(k) Plan
Source: https://planprovider.pro/companies/wise-foods-inc-401k-plan

> Wise Foods, INC.'s 401(k) plan: 828 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Wise Foods, INC.

- **Sponsor EIN:** 510370373

- **Sponsor Address:** 1 CONCOURSE PKWY, ATLANTA, GA, 303286188

- **Plan Type:** 401(k)

- **Total Participants:** 828

- **Total Assets:** $42.7M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **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|828|$42.7M|$889,790|$3.1M|

| 2023|866|$39.5M|$1.1M|$2.7M|

| 2022|815|$34.5M|$994,384|$2.5M|

## 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|

| PRINCIPAL LIFE INSURANCE COMPANY|CONTRACT ADMINISTRATOR|$173,402|—|$173,402|

| PENSIONMARK FINANCIAL GROUP, LLC|INVESTMENT ADVISORY|—|$45,000|$45,000|

| SEK CPAS AND ADVISORS|ACCOUNTANT|$6,000|—|$6,000|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [SEK CPAS AND ADVISORS](https://planprovider.pro/provider/smith-elliott-kearns-and-company-llc) — ACCOUNTANT

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $224,402

- **Estimated Expense Ratio:** 0.526% 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|$179,402|—|$173,402|$6,000|—|

| 2023|$188,770|$3,995|$161,118|$23,657|—|

| 2022|$158,009|$4,000|$148,009|—|$6,000|

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- [Flowers Foods, INC.](https://planprovider.pro/companies/flowers-foods-inc-401k-plan) — 10,520 participants

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