Plan Snapshot
- Plan Sponsor: United States Veterans Initiative
- Sponsor EIN: 954382752
- Sponsor Address: 800 WEST SIXTH STREET SUITE, LOS ANGELES, CA, 90017
- Plan Type: 401(k)
- Total Participants: 607
- Total Assets: $13.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 607 | $13.5M | $505,657 | $1.4M |
| 2023 | 599 | $11.2M | $453,863 | $1.2M |
| 2022 | 481 | $8.4M | $458,027 | $1.2M |
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 |
|---|---|---|---|---|
| VOYA RETIREMENT INSURANCE & ANNUITY | SERVICE PROVIDER | $93,926 | $18 | $93,944 |
| GLOBAL RETIREMENT PARTNERS LLC | SERVICE PROVIDER | — | $40,000 | $40,000 |
| PENSION ASSURANCE LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GLOBAL RETIREMENT PARTNERS LLC — SERVICE PROVIDER
- PENSION ASSURANCE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $133,944
- Estimated Expense Ratio: 0.994% 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 | $93,926 | $2,897 | $67,313 | — | — |
| 2023 | $23,281 | — | $1,000 | — | — |
| 2022 | $4,664 | $4,664 | — | — | — |