# Vector Fleet Management, LLC 401(k) Plan
Source: https://planprovider.pro/companies/vector-fleet-management-llc-401k-plan

> Vector Fleet Management, LLC&#39;s 401(k) plan: 394 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Vector Fleet Management, LLC

- **Sponsor EIN:** 205680368

- **Sponsor Address:** 9300 HARRIS CORNERS PARKWAY STE 350, CHARLOTTE, NC, 28269

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

- **Total Participants:** 394

- **Total Assets:** $10.6M

## 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|394|$10.6M|$498,521|$1.5M|

| 2023|345|$9.3M|$392,464|$1.1M|

| 2022|248|$7.3M|$219,184|$866,346|

## 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|

| RSM US LLP|Auditor|—|—|$0|

### Verified Provider Profiles

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

- [RSM US LLP](https://planprovider.pro/provider/rsm-us-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|$66,905|$25,015|—|—|—|

| 2023|$47,647|$21,755|—|—|—|

| 2022|$43,646|$21,612|$22,034|—|—|

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