Plan Snapshot
- Plan Sponsor: Worldwide Buying Group
- Sponsor EIN: 912146795
- Sponsor Address: 8211 SOUTH 194TH, KENT, WA, 98032
- Plan Type: 401(k)
- Total Participants: 724
- Total Assets: $27.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 724 | $27.8M | $1.1M | $1.5M |
| 2023 | 630 | $25.4M | $1.0M | $1.6M |
| 2022 | 555 | $22.9M | $1.1M | $1.6M |
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 |
|---|---|---|---|---|
| NWPS, INC | NONE | $64,306 | — | $64,306 |
| RBC WEALTH MANAGEMENT | NONE | $44,729 | — | $44,729 |
| CLIFTONLARSONALLEN, LLP | NONE | $26,250 | — | $26,250 |
| SHANNON & ASSOCIATES, LLP | Auditor | $26,250 | — | $26,250 |
| CHARLES SCHWAB TRUST BANK | NONE | $9,501 | — | $9,501 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NWPS, INC — NONE
- RBC WEALTH MANAGEMENT — NONE
- CLIFTONLARSONALLEN, LLP — NONE
- SHANNON & ASSOCIATES, LLP — Auditor
- CHARLES SCHWAB TRUST BANK — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $171,036
- Estimated Expense Ratio: 0.614% 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 | $150,034 | $44,729 | — | $26,250 | — |
| 2023 | $135,510 | $38,439 | — | $29,400 | — |
| 2022 | $144,623 | $38,406 | $66,964 | — | — |