Plan Snapshot
- Plan Sponsor: Liggett Vector Brands LLC
- Sponsor EIN: 743040463
- Sponsor Address: 3800 PARAMOUNT PARKWAY SUITE 250, MORRISVILLE, NC, 27560
- Plan Type: 401(k)
- Total Participants: 340
- Total Assets: $72.0M
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 | 340 | $72.0M | $1.0M | $2.7M |
| 2023 | 337 | $67.9M | $1.0M | $2.6M |
| 2022 | 404 | $57.7M | $836,577 | $2.5M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $59,432 | — | $59,432 |
| BECHER DELLA TORRE GITTO & COMP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BECHER DELLA TORRE GITTO & COMP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $59,432
- Estimated Expense Ratio: 0.083% 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 | $59,432 | — | — | — | — |
| 2023 | $38,054 | — | — | — | — |
| 2022 | $456 | — | — | — | — |