Plan Snapshot
- Plan Sponsor: Veca Electric & Technologies, LLC
- Sponsor EIN: 911453638
- Sponsor Address: PO BOX 80467, SEATTLE, WA, 981080467
- Plan Type: 401(k)
- Total Participants: 331
- Total Assets: $38.0M
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 | 331 | $38.0M | $1.5M | $3.3M |
| 2023 | 287 | $31.6M | $1.3M | $2.8M |
| 2022 | 262 | $24.5M | $1.2M | $2.8M |
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 |
|---|---|---|---|---|
| ALDRICH WEALTH LP | INVESTMENT ADVISORY | $70,095 | $16 | $70,111 |
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $43,227 | — | $43,227 |
| BAKER TILLY US, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALDRICH WEALTH LP — INVESTMENT ADVISORY
- BAKER TILLY US, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $113,338
- Estimated Expense Ratio: 0.298% 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 | $113,331 | $70,104 | $43,227 | — | — |
| 2023 | $89,534 | $53,946 | $35,588 | — | — |
| 2022 | -$11,219 | -$20,010 | $8,791 | — | — |