Plan Snapshot
- Plan Sponsor: Vba Benefits Corporation
- Sponsor EIN: 541741662
- Sponsor Address: 4490 COX ROAD, GLEN ALLEN, VA, 23060
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 4,761
- Total Assets: $33.6M
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 | 4,761 | $33.6M | $59.5M | $0 |
| 2023 | 7,264 | $35.7M | $85.3M | $0 |
| 2022 | 7,422 | $28.7M | $78.7M | $0 |
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 |
|---|---|---|---|---|
| INGENIORX, INC. - ANTHEM | Other Service Provider | — | $4,731,142 | $4,731,142 |
| ANTHEM HEALTH PLANS OF VIRGINIA INC | Investment Advisor | $2,215,876 | — | $2,215,876 |
| INGENIORX, INC. - HEALTHKEEPERS | Other Service Provider | — | $656,906 | $656,906 |
| MARSH & MCLENNAN AGENCY LLC | Investment Advisor | — | $332,663 | $332,663 |
| DELTA DENTAL OF VIRGINIA | Recordkeeper | $224,379 | — | $224,379 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ANTHEM HEALTH PLANS OF VIRGINIA INC — Investment Advisor
- MARSH & MCLENNAN AGENCY LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $8,160,966
- Estimated Expense Ratio: 24.321% 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 | $936,672 | — | — | — | — |
| 2023 | $46,360 | $46,360 | — | — | — |
| 2022 | $26,970 | $26,970 | — | — | — |