Plan Snapshot
- Plan Sponsor: World Group LLC
- Sponsor EIN: 822539058
- Sponsor Address: 1340 DEPOT STREET, SUITE 200, CLEVELAND, OH, 44116
- Plan Type: 401(k)
- Total Participants: 876
- Total Assets: $75.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 876 | $75.1M | $2.6M | $5.4M |
| 2023 | 979 | $63.6M | $3.0M | $5.3M |
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 |
|---|---|---|---|---|
| SCHWAB RETIREMENT PLAN SERVICES,INC | Recordkeeper | $66,551 | — | $66,551 |
| HIGHLAND CONSULTING ASSOCIATES | Other Service Provider | $23,079 | — | $23,079 |
| COOKSON PEIRCE & CO INC | Other Service Provider | $5,260 | — | $5,260 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHWAB RETIREMENT PLAN SERVICES,INC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $94,890
- Estimated Expense Ratio: 0.126% 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 | $96,679 | $42,012 | — | — | — |
| 2023 | $54,942 | $42,202 | — | — | — |