Plan Snapshot
- Plan Sponsor: Worldwide Equipment Enterprises
- Sponsor EIN: 611077939
- Sponsor Address: 6614 WILBANKS RD, KNOXVILLE, TN, 37912
- Plan Type: 401(k)
- Total Participants: 798
- Total Assets: $31.6M
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 | 798 | $31.6M | $527,101 | $2.5M |
| 2023 | 833 | $27.4M | $454,818 | $2.4M |
| 2022 | 817 | $23.6M | $531,332 | $2.0M |
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 |
|---|---|---|---|---|
| ADP, INC. | RECORD KEEPER | $84,537 | — | $84,537 |
| MCF ADVISORS | INVESTMENT/FINANCIAL ADVI | $59,485 | — | $59,485 |
| DEAN DORTON ALLEN FORD PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
- DEAN DORTON ALLEN FORD PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $144,022
- Estimated Expense Ratio: 0.456% 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 | $144,022 | $59,485 | — | — | — |
| 2023 | $108,833 | $49,285 | — | — | — |
| 2022 | $33,301 | — | — | — | — |