# Workforce Essentials, INC. 401(k) Plan
Source: https://planprovider.pro/companies/workforce-essentials-inc-621498440-001

> Workforce Essentials, INC.'s 401(k) plan: 157 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Workforce Essentials, INC.

- **Sponsor EIN:** 621498440

- **Sponsor Address:** 523 MADISON ST, STE A, CLARKSVILLE, TN, 37040

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

- **Plan Number:** 001

- **Total Participants:** 157

- **Total Assets:** $4.6M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** Yes

- **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|157|$4.6M|$80,602|$142,525|

| 2023|178|$4.1M|$67,735|$121,901|

| 2022|167|$4.7M|$79,629|$160,754|

## 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 CO OF AME|Recordkeeper|$24,679|—|$24,679|

| CETERA ADVISOR NETWORKS LLC|Investment Advisor|—|$21,070|$21,070|

## Plan Fees & Expenses

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

- **Total Service Provider Fees:** $45,749

- **Estimated Expense Ratio:** 0.990% 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|$29,239|—|$29,239|—|—|

| 2023|$23,412|—|$23,412|—|—|

| 2022|$24,682|—|$24,682|—|—|

## Similar Plans

- [Erisa Partners, INC.](https://planprovider.pro/companies/erisa-partners-inc-401k-plan) — 7,816 participants

- [Lbmc Employment Partners, LLC](https://planprovider.pro/companies/lbmc-employment-partners-llc-621767955-501) — 4,131 participants

- [Lbmc Employment Partners, LLC](https://planprovider.pro/companies/lbmc-employment-partners-llc-401k-plan) — 3,213 participants

- [Nashville Assn Of Musicians Lu 257](https://planprovider.pro/companies/nashville-assn-of-musicians-lu-257-620390107-501) — 1,960 participants

- [Bottom Line Systems, LLC](https://planprovider.pro/companies/bottom-line-systems-llc-611302361-503) — 1,372 participants

- [Rpbls Holdings, LLC](https://planprovider.pro/companies/rpbls-holdings-llc-401k-plan) — 1,309 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/workforce-essentials-inc-621498440-001)

© 2026 PlanProvider.Pro