Plan Snapshot
- Plan Sponsor: Wylie & Son, INC.
- Sponsor EIN: 751036051
- Sponsor Address: 702 EAST 40TH STREET, LUBBOCK, TX, 79404
- Plan Type: 401(k)
- Total Participants: 216
- Total Assets: $9.8M
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 | 216 | $9.8M | $175,502 | $529,556 |
| 2023 | 209 | $8.3M | $162,752 | $498,985 |
| 2022 | 199 | $6.9M | $149,281 | $463,352 |
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 |
|---|---|---|---|---|
| PROSPERITY BANK | NONE | $41,913 | — | $41,913 |
| EPIC RETIREMENT PLAN SERVICES | NONE | $11,723 | — | $11,723 |
| RBMS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EPIC RETIREMENT PLAN SERVICES — NONE
- RBMS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $53,636
- 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 | $53,638 | — | — | — | — |
| 2023 | $39,427 | — | — | — | — |
| 2022 | $37,762 | — | — | — | — |