Plan Snapshot
- Plan Sponsor: Vanee Foods Company
- Sponsor EIN: 362600918
- Sponsor Address: 709 ENTERPRISE DRIVE, OAKBROOK, IL, 60523
- Plan Type: 401(k)
- Total Participants: 271
- Total Assets: $24.2M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 271 | $24.2M | $356,493 | $795,699 |
| 2023 | 252 | $21.5M | $328,535 | $760,645 |
| 2022 | 239 | $19.3M | $323,322 | $761,763 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $47,343 | — | $47,343 |
| FOREST CAPITAL MANAGEMENT LLC | INVESTMENT ADVISORY | $33,071 | $13 | $33,084 |
| RSM US LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RSM US LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $80,427
- Estimated Expense Ratio: 0.332% 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 | $80,420 | $33,077 | $47,343 | — | — |
| 2023 | $81,259 | $28,944 | $52,315 | — | — |
| 2022 | $80,926 | $31,542 | $49,384 | — | — |