Plan Snapshot
- Plan Sponsor: Wound Care Concepts LLC
- Sponsor EIN: 203589861
- Sponsor Address: 2701 BARTRAM ROAD, BRISTOL, PA, 19007
- Plan Type: 401(k)
- Total Participants: 309
- Total Assets: $9.8M
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 | 309 | $9.8M | $1.0M | $1.7M |
| 2023 | 242 | $6.7M | $786,082 | $1.2M |
| 2022 | 201 | $4.2M | $496,656 | $817,533 |
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 |
|---|---|---|---|---|
| LPL FINANCIAL RPCP | NONE | $38,898 | — | $38,898 |
| ASCENSUS LLC | NONE | $14,861 | $22 | $14,883 |
| STEPHANO SLACK LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STEPHANO SLACK LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $53,781
- Estimated Expense Ratio: 0.548% 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 | $53,821 | $38,960 | $14,861 | — | — |
| 2023 | $47,249 | $24,947 | $22,302 | — | — |
| 2022 | $29,953 | $7,364 | $1,701 | — | — |