Plan Snapshot
- Plan Sponsor: Vadatech INC
- Sponsor EIN: 201461611
- Sponsor Address: 198 N GIBSON ROAD, HENDERSON, NV, 89014
- Plan Type: 401(k)
- Total Participants: 191
- Total Assets: $8.1M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 191 | $8.1M | $435,892 | $572,860 |
| 2023 | 185 | $6.5M | $382,167 | $524,895 |
| 2022 | 139 | $5.3M | $272,190 | $387,567 |
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 |
|---|---|---|---|---|
| MERRILL LYNCH | Investment Advisor | $20,521 | — | $20,521 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MERRILL LYNCH — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $20,521
- Estimated Expense Ratio: 0.255% 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 | $67,838 | $20,521 | $47,317 | — | — |
| 2023 | $56,969 | — | $56,969 | — | — |
| 2022 | $53,259 | — | $53,259 | — | — |