Plan Snapshot
- Plan Sponsor: Vectorworks, INC.
- Sponsor EIN: 521407016
- Sponsor Address: 8621 ROBERT FULTON DRIVE, COLUMBIA, MD, 21046
- Plan Type: 401(k)
- Total Participants: 225
- Total Assets: $46.7M
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 | 225 | $46.7M | $823,461 | $2.4M |
| 2023 | 214 | $38.5M | $807,915 | $2.2M |
| 2022 | 221 | $32.3M | $751,163 | $2.1M |
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 |
|---|---|---|---|---|
| GREENSPRING ADVISORS, LLC | INVESTMENT/FINANCIAL ADVI | $54,652 | — | $54,652 |
| ADP, INC. | RECORD KEEPER | $34,765 | — | $34,765 |
| ELLIN & TUCKER | ACCOUNTANT | $18,500 | — | $18,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GREENSPRING ADVISORS, LLC — INVESTMENT/FINANCIAL ADVI
- ADP, INC. — RECORD KEEPER
- ELLIN & TUCKER — ACCOUNTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $107,917
- Estimated Expense Ratio: 0.231% 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 | $107,917 | $54,652 | — | $18,500 | — |
| 2023 | $57,350 | $39,327 | — | — | — |
| 2022 | $1,220 | — | — | — | — |