Plan Snapshot
- Plan Sponsor: Ventiv Technology INC.
- Sponsor EIN: 680331363
- Sponsor Address: 3350 RIVERWOOD PARKWAY, ATLANTA, GA, 30339
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 199
- Total Assets: $24.2M
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. |
|---|---|---|---|---|
| 2023 | 199 | $24.2M | $922,748 | $2.0M |
| 2022 | 209 | $20.2M | $862,780 | $1.8M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $28,707 | — | $28,707 |
| CETERA ADVISORS LLC | Investment Advisor | $17,187 | $17 | $17,204 |
| ORENDA RETIREMENT LLC | Recordkeeper | $4,425 | $8,554 | $12,979 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $58,890
- Estimated Expense Ratio: 0.243% 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 |
|---|---|---|---|---|---|
| 2023 | $50,319 | $17,214 | $33,105 | — | — |
| 2022 | $47,783 | $16,731 | $31,052 | — | — |