Plan Snapshot
- Plan Sponsor: Access Vg LLC
- Sponsor EIN: 870432299
- Sponsor Address: 1012 WEST BEARDSLEY PLACE, SALT LAKE CITY, UT, 84119
- Plan Type: 401(k)
- Total Participants: 88
- Total Assets: $13.1M
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 | 88 | $13.1M | $269,243 | $736,586 |
| 2023 | 115 | $17.4M | $338,536 | $806,357 |
| 2022 | 121 | $14.1M | $269,005 | $756,294 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $47,782 | — | $47,782 |
| WELLS FARGO CLEARING SERVICES LLC | Other Service Provider | — | $18,003 | $18,003 |
| WELLS FARGO ADVISORS INS AGENCY LLC | Other Service Provider | — | $5,592 | $5,592 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $71,377
- Estimated Expense Ratio: 0.545% 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 | $47,782 | — | $47,782 | — | — |
| 2023 | $48,580 | — | $48,580 | — | — |
| 2022 | $61,328 | — | $61,328 | — | — |