Plan Snapshot
- Plan Sponsor: V2soft, INC.
- Sponsor EIN: 383402472
- Sponsor Address: 300 ENTERPRISE CT, BLOOMFIELD HILLS, MI, 48302
- Plan Type: 401(k)
- Total Participants: 254
- Total Assets: $12.7M
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 | 254 | $12.7M | $0 | $1.1M |
| 2023 | 199 | $10.0M | $0 | $861,708 |
| 2022 | 205 | $7.6M | $0 | $942,686 |
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 |
|---|---|---|---|---|
| NPD GROUP CPA, P.C | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $3,279 | $2,760 | — | — | — |
| 2023 | $3,551 | $2,755 | — | — | — |
| 2022 | $4,903 | $2,110 | — | — | — |