Plan Snapshot
- Plan Sponsor: Vacuum Technology Associates INC
- Sponsor EIN: 522150755
- Sponsor Address: 110 INDUSTRIAL PARK, HINGHAM, MA, 02043
- Plan Type: 401(k)
- Total Participants: 104
- Total Assets: $13.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- 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 | 104 | $13.6M | $257,189 | $1.1M |
| 2023 | 123 | $11.7M | $199,548 | $1.1M |
| 2022 | 119 | $9.1M | $160,458 | $908,524 |
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 |
|---|---|---|---|---|
| ROCKLAND TRUST CO. | Investment Advisor | $30,633 | — | $30,633 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $30,633
- Estimated Expense Ratio: 0.226% 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 | $34,192 | $30,633 | — | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |