# Wits Solutions, INC Health & Welfare Plan
Source: https://planprovider.pro/companies/wits-solutions-inc-263877344-501

> Wits Solutions, INC's Health & Welfare plan: 151 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Wits Solutions, INC

- **Sponsor EIN:** 263877344

- **Sponsor Address:** 1528 SOUTH EL CAMINO REAL, SUITE407, SAN MATEO, CA, 94402

- **Plan Type:** Health & Welfare

- **Plan Number:** 501

- **Total Participants:** 151

- **Total Assets:** $66,461

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|151|$66,461|$430,914|$174,836|

| 2023|126|$36,519|$429,829|$173,318|

| 2022|146|$94,346|$1.3M|$6,301|

## 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|

| FCE BENEFIT ADMINISTRATORS, INC.|Other Service Provider|$44,181|$471|$44,652|

| INEICH & COMPANY, LLP|Auditor|$21,000|—|$21,000|

| BUSINESS BENEFITS GROUP|Other Service Provider|$7,867|—|$7,867|

| FIDUCIARY PLAN MANAGEMENT SERVICES|Other Service Provider|$7,525|—|$7,525|

### Verified Provider Profiles

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

- [INEICH & COMPANY, LLP](https://planprovider.pro/provider/ineich-and-company-llp) — Auditor

## Plan Fees & Expenses

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

- **Total Service Provider Fees:** $81,044

- **Estimated Expense Ratio:** 121.942% 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|$82,059|—|$35,445|$21,000|—|

| 2023|$91,711|—|$52,527|$19,000|—|

| 2022|$138,479|—|$76,060|—|$38,953|

## Similar Plans

- [Board Of Trustees, California Iron Workers Field Defined Contribution](https://planprovider.pro/companies/board-of-trustees-california-iron-workers-field-defined-contribution-953304279-001) — 13,077 participants

- [Board Of Trustees, California Ironworkers Field Pension Trust Fun](https://planprovider.pro/companies/board-of-trustees-california-ironworkers-field-pension-trust-fun-956042866-001) — 9,028 participants

- [Board Of Trustees, California Ironworkers Field Welfare Plan](https://planprovider.pro/companies/board-of-trustees-california-ironworkers-field-welfare-plan-956042868-501) — 8,550 participants

- [Board Of Trustees, California Field Iron Worker Vacation/Personal](https://planprovider.pro/companies/board-of-trustees-california-field-iron-worker-vacation-personal-956042867-501) — 8,518 participants

- [Dpr Construction](https://planprovider.pro/companies/dpr-construction-401k-plan) — 8,307 participants

- [Board Of Trustees Western States Insulators And Allied Workers Indiv](https://planprovider.pro/companies/board-of-trustees-western-states-insulators-and-allied-workers-indiv-plan) — 7,048 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/wits-solutions-inc-263877344-501)

© 2026 PlanProvider.Pro