Plan Snapshot
- Plan Sponsor: Vari Corporation
- Sponsor EIN: 232106519
- Sponsor Address: 155 ROUTE 61, SOUTH, SCHUYLKILL HAVEN, PA, 17972
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 63
- Total Assets: $400,722
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 63 | $400,722 | $1.6M | $228,842 |
| 2023 | 66 | $476,853 | $1.5M | $224,173 |
| 2022 | 72 | $393,848 | $1.4M | $218,211 |
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 |
|---|---|---|---|---|
| THE BENECON GROUP, LLC | Investment Advisor | $47,338 | — | $47,338 |
| PCI INSURANCE AGENCY | Investment Advisor | $21,756 | — | $21,756 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $69,094
- Estimated Expense Ratio: 17.242% 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 | $2,006,617 | — | — | — | — |
| 2023 | $1,694,301 | — | — | — | — |
| 2022 | $1,072,384 | — | — | — | — |