Plan Snapshot
- Plan Sponsor: The Village Network
- Sponsor EIN: 340768857
- Sponsor Address: 2000 NOBLE DRIVE, WOOSTER, OH, 44691
- Plan Type: 401(k)
- Total Participants: 485
- Total Assets: $23.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 485 | $23.5M | $1.5M | $916,591 |
| 2023 | 446 | $20.6M | $1.4M | $806,703 |
| 2022 | 437 | $19.3M | $1.3M | $834,388 |
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 |
|---|---|---|---|---|
| CUNA MUTUAL | Recordkeeper | $38,828 | — | $38,828 |
| CREATIVE RETIREMENT SYSTEMS, INC. | Recordkeeper | $21,400 | — | $21,400 |
| GALLAGHER FIDUCIARY SERVICES, LLC | Investment Advisor | $19,201 | — | $19,201 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GALLAGHER FIDUCIARY SERVICES, LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $79,429
- Estimated Expense Ratio: 0.338% 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 | $95,279 | — | — | — | — |
| 2023 | $82,305 | — | — | — | — |
| 2022 | $79,745 | — | — | — | — |