Plan Snapshot
- Plan Sponsor: Value Added Distributors
- Sponsor EIN: 464439414
- Sponsor Address: 2501 WATERFORD LAKE DR, MIDLOTHIAN, VA, 23112
- Plan Type: 401(k)
- Total Participants: 236
- Total Assets: $24.4M
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 | 236 | $24.4M | $444,805 | $1.4M |
| 2023 | 225 | $19.8M | $387,397 | $1.4M |
| 2022 | 220 | $18.0M | $444,864 | $1.3M |
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 |
|---|---|---|---|---|
| FORVIS MAZARS LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS LLP — Auditor
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 | $85,531 | $66,913 | — | — | — |
| 2023 | $73,608 | $55,474 | — | — | — |
| 2022 | $71,533 | — | $71,533 | — | — |