Plan Snapshot
- Plan Sponsor: Ventura Orthopedics Medical Group, INC.
- Sponsor EIN: 952597753
- Sponsor Address: 1203 FLYNN ROAD, CAMARILLO, CA, 93012
- Plan Type: 401(k)
- Total Participants: 234
- Total Assets: $35.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 234 | $35.7M | $881,386 | $811,574 |
| 2023 | 217 | $31.3M | $766,857 | $653,318 |
| 2022 | 210 | $29.3M | $725,645 | $703,011 |
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 |
|---|---|---|---|---|
| WESPAC ADVISORS, LLC | Other Service Provider | $50,724 | — | $50,724 |
| LPL FINANCIAL | Recordkeeper | $39,545 | — | $39,545 |
| MARINER LLC | Other Service Provider | $21,314 | — | $21,314 |
| MERRILL | Other Service Provider | $18,533 | — | $18,533 |
| CHARLES SCHWAB TRUST BANK | Recordkeeper | $7,223 | — | $7,223 |
| WESPAC PLAN SERVICES, LLC | Other Service Provider | $7,130 | — | $7,130 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LPL FINANCIAL — Recordkeeper
- CHARLES SCHWAB TRUST BANK — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $144,469
- Estimated Expense Ratio: 0.405% 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 | $152,415 | $137,620 | $7,572 | — | — |
| 2023 | $142,360 | $122,679 | $13,302 | — | — |
| 2022 | $101,069 | $88,675 | $6,921 | — | — |