# Wound Care Concepts LLC 401(k) Plan
Source: https://planprovider.pro/companies/wound-care-concepts-llc-401k-plan

> Wound Care Concepts LLC's 401(k) plan: 309 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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](https://planprovider.pro/provider/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|—|—|

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