Plan Snapshot
- Plan Sponsor: Modea Holdings, INC.
- Sponsor EIN: 204390111
- Sponsor Address: 2270 KRAFT DRIVE, BLACKSBURG, VA, 24060
- Plan Type: 401(k)
- Total Participants: 134
- Total Assets: $12.0M
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 | 134 | $12.0M | $508,531 | $1.1M |
| 2023 | 139 | $9.4M | $478,367 | $973,278 |
| 2022 | 152 | $6.7M | $451,084 | $905,056 |
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 |
|---|---|---|---|---|
| THE VANGUARD GROUP, INC. | NONE | $7,070 | — | $7,070 |
| KEITER CPA'S | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE VANGUARD GROUP, INC. — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $7,070
- Estimated Expense Ratio: 0.059% 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 | $7,070 | — | $7,070 | — | — |
| 2023 | $7,030 | — | $7,007 | — | — |
| 2022 | $8,334 | — | $8,320 | — | — |