Plan Snapshot
- Plan Sponsor: Variosystems, INC.
- Sponsor EIN: 752793709
- Sponsor Address: 901 SOUTH KIMBALL AVENUE, SOUTHLAKE, TX, 76092
- Plan Type: 401(k)
- Total Participants: 135
- Total Assets: $6.6M
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 | 135 | $6.6M | $122,178 | $477,965 |
| 2023 | 168 | $7.2M | $116,034 | $562,115 |
| 2022 | 165 | $6.4M | $144,026 | $535,992 |
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 |
|---|---|---|---|---|
| KESTRA ADVISORY SERVICES LLC | INVESTMENT ADVISOR | $13,596 | — | $13,596 |
| NOVA 401(K) ASSOCIATES | CONTRACT ADMIN | $9,435 | $3,428 | $12,863 |
| THE CJ CPA GROUP, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE CJ CPA GROUP, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $26,459
- Estimated Expense Ratio: 0.401% 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 | $40,985 | $35,120 | $5,865 | — | — |
| 2023 | $30,491 | $26,491 | $4,000 | — | — |
| 2022 | $21,329 | — | $21,329 | — | — |