Plan Snapshot
- Plan Sponsor: Vandemark Chemical INC.
- Sponsor EIN: 160757316
- Sponsor Address: 1 NORTH TRANSIT ROAD, LOCKPORT, NY, 14094
- Plan Type: 401(k)
- Total Participants: 80
- Total Assets: $11.8M
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 | 80 | $11.8M | $355,069 | $759,254 |
| 2023 | 85 | $12.9M | $366,086 | $737,398 |
| 2022 | 95 | $13.6M | $331,984 | $634,556 |
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 |
|---|---|---|---|---|
| EMPOWER LIFE & ANNUITY INSURANCE CO | RECORDKEEPER | $40,345 | — | $40,345 |
| SECURITIES AMERICA INC | BROKER/ADVISO R | — | $19,167 | $19,167 |
| ACTUARIAL CONSULTING SERVICES, INC | CONTRACT ADMIN | $11,821 | — | $11,821 |
| OSAIC WEALTH INC | BROKER/ADVISO R | — | $9,208 | $9,208 |
| JEFFREY L OFFHAS CPA, LLC | AUDITOR | $8,700 | — | $8,700 |
| JEFFREY L OFFHAUS CPA LLC | Auditor | $8,700 | — | $8,700 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JEFFREY L OFFHAUS CPA LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $97,941
- Estimated Expense Ratio: 0.832% 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 | $63,503 | $2,637 | $11,821 | $8,700 | — |
| 2023 | $54,448 | $1,892 | $5,305 | $8,450 | — |
| 2022 | $31,707 | — | $22,307 | — | $9,400 |