Plan Snapshot
- Plan Sponsor: Vanguard Industries East, INC.
- Sponsor EIN: 541817115
- Sponsor Address: 1172 AZALEA GARDEN ROAD, NORFOLK, VA, 23502
- Plan Type: 401(k)
- Total Participants: 189
- Total Assets: $19.7M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 189 | $19.7M | $349,514 | $669,270 |
| 2023 | 184 | $17.1M | $324,896 | $614,717 |
| 2022 | 171 | $14.9M | $312,268 | $588,546 |
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 ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $62,986 | — | $62,986 |
| GALLAGHER BENEFIT SERVICES, INC. | INVESTMENT ADVISOR | $27,500 | — | $27,500 |
| CAMPBELL ALBRECHT | TPA | $5,045 | $8,765 | $13,810 |
| JOHN, JACOB & VAYALUMKAL, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GALLAGHER BENEFIT SERVICES, INC. — INVESTMENT ADVISOR
- JOHN, JACOB & VAYALUMKAL, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $104,296
- Estimated Expense Ratio: 0.530% 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 | $61,390 | — | — | — | — |
| 2023 | $48,465 | — | — | — | — |
| 2022 | $124,765 | $104,169 | $20,596 | — | — |