Plan Snapshot
- Plan Sponsor: Wright Investments, INC.
- Sponsor EIN: 621144800
- Sponsor Address: 850 RIDGE LAKE BLVD, MEMPHIS, TN, 38120
- Plan Type: DC
- Total Participants: 595
- Total Assets: $3.8M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 595 | $3.8M | $150,726 | $348,719 |
| 2023 | 343 | $4.8M | $138,407 | $356,120 |
| 2022 | 300 | $5.0M | $0 | $258,788 |
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 |
|---|---|---|---|---|
| CANNON WRIGHT BLOUNT PLLC | Auditor | $2,000 | — | $2,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,000
- Estimated Expense Ratio: 0.052% 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 | $8,118 | $619 | — | $2,000 | — |
| 2023 | $4,831 | $330 | — | $750 | — |
| 2022 | $13,275 | $221 | — | — | — |