# Varney, INC. 401(k) Plan
Source: https://planprovider.pro/companies/varney-inc-401k-plan-002

> Varney, INC.'s 401(k) plan: 175 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Varney, INC.

- **Sponsor EIN:** 540791615

- **Sponsor Address:** 1401 MUNICIPAL RD, ROANOKE, VA, 24012

- **Plan Type:** 401(k)

- **Total Participants:** 175

- **Total Assets:** $8.2M

## 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|175|$8.2M|$130,724|$711,971|

| 2023|154|$7.1M|$130,753|$666,486|

| 2022|170|$5.8M|$134,506|$694,503|

## 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|

| BROWN, EDWARDS & COMPANY, LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [BROWN, EDWARDS & COMPANY, LLP](https://planprovider.pro/provider/brown-edwards-and-company-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $0

### 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|$38,088|$12,500|—|—|—|

| 2023|$36,836|$13,848|—|—|—|

| 2022|$38,648|—|—|—|—|

## Similar Plans

- [Net100, Ltd.](https://planprovider.pro/companies/net100-ltd-401k-plan) — 171 participants

- [Rudy L. Hawkins Electrical Contractor, INC.](https://planprovider.pro/companies/rudy-l-hawkins-electrical-contractor-inc-401k-plan) — 161 participants

- [Rcd, INC.](https://planprovider.pro/companies/rcd-inc-401k-plan) — 202 participants

- [Varney, INC](https://planprovider.pro/companies/varney-inc-plan-003) — 140 participants

- [Design Electric, INC.](https://planprovider.pro/companies/design-electric-inc-401k-plan-002) — 123 participants

- [New River Electrical Corporation](https://planprovider.pro/companies/new-river-electrical-corporation-401k-plan) — 122 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/varney-inc-401k-plan-002)

© 2026 PlanProvider.Pro