Plan Snapshot
- Plan Sponsor: Workwave LLC
- Sponsor EIN: 205794859
- Sponsor Address: 101 CRAWFORDS CORNER ROAD, HOLMDEL, NJ, 07733
- Plan Type: 401(k)
- Total Participants: 717
- Total Assets: $89.6M
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 | 717 | $89.6M | $2.8M | $5.9M |
| 2023 | 772 | $75.9M | $2.9M | $6.2M |
| 2022 | 725 | $36.3M | $2.3M | $4.4M |
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 |
|---|---|---|---|---|
| CARON & BLETZER, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CARON & BLETZER, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $105,093 | $18,750 | — | — | — |
| 2023 | $65,206 | — | — | — | — |
| 2022 | $69,092 | — | — | — | — |